TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
When case Id is present, search is done only for this
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Case Laws
of of All Case Laws
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Bank Accounts Unfrozen: Tax Recovery Allowed with Contempt Case Dismissal Under Negotiated Resolution</h1> <h3>Vivek Narsaria Versus The State of Jharkhand, Ratnesh Kumar Badiyar Jharkhand, Mrs. Kanchan Lal Jharkhand</h3> HC dismissed the contempt case after issuing a letter to unfreeze the petitioner's bank accounts. The court permitted the opposing parties to pursue ... Wrongful availment of Input Tax Credit - Seeking for de-freezing of bank accounts of the petitioner - HELD THAT:- Having regard to the statement made in Para-4 that a letter for de-freezing of bank account of the petitioner has been issued on 24th April 2024, the present contempt case is closed. However, keeping in mind the interest of the revenue it is left open to the opposite parties to take action in accordance with law including freezing of the tentative amount of tax liability (but not the bank account) of the petitioner. The High Court of Jharkhand closed a contempt case after a letter was issued to de-freeze the petitioner's bank accounts. The court allowed the opposite parties to take action to secure tax liabilities of Rs.14 Crore.
TaxTMI 
TaxTMI 
