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TMI Blog2019 (9) TMI 561X X X X Extracts X X X X X X X X Extracts X X X X ..... 2019 With I.A. No. 8488 of 2019 With W.P.(T). No. 4707 of 2019 With W.P.(T). No. 4708 of 2019 With W.P.(T). No. 4709 of 2019 With W.P.(T). No. 4682 of 2019 With I.A. No. 8490 of 2019 - - X X X X Extracts X X X X X X X X Extracts X X X X ..... om its banker, i.e., State Bank of India, SME Branch, Ranchi, in which, the petitioner has a cash credit account. The banker has informed the petitioner that Income Tax Department is taking steps for attachment of the cash credit account of the petitioner, and summon notice as 'Assessee in default', had been issued to the Chief Manager of the Bank. It is an admitted position that the attachment or ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... n that we are not entertaining these writ petitions on merits, learned counsel for the petitioner made an offer before us, that 20% of the gross demand for all these assessment years shall be Rs. 60,65,465/-, out of which, the petitioner is ready to make the deposit of Rs. 30,00,000/- for the purpose that the cash credit account of the petitioner may be released from attachment. It is pointed out ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... pon the final order on the review / revision petition, passed by the Commissioner. 6.In the facts of this case, the offer given by the learned counsel for the petitioner, prima facie, appear to be genuine to us, in view of the fact that the cash credit account of the petitioner has already been attached, which may be causing hindrance in the business of the petitioner. Accordingly, we direct the ..... X X X X Extracts X X X X X X X X Extracts X X X X
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