Tag: attachment of bank

Validity of 2nd provisional attachment order after expiry of 1st provisional attachment order u/s 83 of the Central/State GST Act. Whether second attachment order valid after expiry of first provisional attachment order u/s 83 of the GST Act 2017? – Supreme Court to decide ABCAUS Case Law Citation:4654 …

Income Tax Department  can not sit over appeal and at the same time taking steps for getting assessment and penalty order being executed by resorting to coercive steps. In a recent judgment, Hon’ble High Court of Telangana quashed the order attaching the bank accounts of the assessee observing …

Bank Cash Credit / Overdraft account which has not been utilized or availed can not be attached by Income Tax Authorities u/s 226   In a recent judgment, the Hon’ble High Court has held that bank Cash Credit / Overdraft account, which has not been utilized or availed …

High Court frowns at Provisional attachment orders passed u/s 83(1) GST lifted only their illegality being questioned In a recent judgment, the Hon’ble Allahabad High Court has expressed displeasure over not lifting of Provisional attachment orders passed under section 83(1) of CGST Act and lifted only their illegality …

High Court imposes penalty of Rs. 50,000/­ on Income Tax Department for harassment of assessee in illegally attaching bank account and denying stay of demand ABCAUS Case Law Citation:ABCAUS 2862 (2019) (04) HC Important Case Laws Cited/relied upon by the parties KEC International Ltd. Vs. B.R. Balkrishnan, 251 ITR 158MMRDA Vs. Deputy DIT (Exemption) (2015) 230 Taxman 178  In the instant case, …