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2018 (3) TMI 1213 - HC - Income TaxNotice u/s 226(3) validity - Petitioner states that the impugned notices have been issued in respect of appeals pending before tribunal - Held that:- Revenue, on instructions of the Assessing Officer Mr. Nakul Agarwal, DCIT TDS 2(2), states that they would immediately withdraw the impugned notices dated 16.3.2018 addressed to the Petitioner's bankers. Further on instructions of the Assessing Officer, Mr. Suresh Kumar states that no proceedings for recovery of the demand of ₹ 57.06 Crores would be initiated by the Revenue till such time as stay granted by the Tribunal is in operation. Statement accepted. The Petitioner seeks to withdraw the above Petition.
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