2020 (4) TMI 764

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..... 2020 And W.P. No.5350 (W) of 2020 With CAN 3017 of 2020 And WP No.5348 (W) of 2020 - -
Income Tax
Debangsu Basak, J. Mr. Himangshu Kr. Ray ... for the petitioners. Three writ petitions are taken up for analogous hearing as they involve similar issues. Learned Advocate appearing in support of the petitioners submits that, the petitioners are engaged in extending business opportunities to t .....

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..... that, no recovery measures to be taken by revenue authorities including Income Tax authorities. He submits that, the petitioner should be allowed to operate bank accounts as, the recovery notice issued by the Income Tax authorities directs blanket stay operation of such bank accounts. He submits that, unless the petitioners are allowed to operate bank accounts against which the revenue authorities .....

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..... bank account of the petitioners therein are lifted as the revenue received the demanded amount. So far as the WP No.5351(W) of 2020 is concerned, the notice of demand is dated March 5, 2020 which is prior to the order of the Hon'ble Supreme Court dated March 20, 2020. In WP No.5351(W) of 2020, therefore, in my view, interest of justice would be subserved by directing the bank of the petitioner in .....

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