Exclusion of limitation period: pandemic suspension plus debtor acknowledgement can extend limitation, requiring fresh factfinding on guarantee invoca...
Rectification proceedings and assessment dispute concerning a tax demand were addressed by conditioning interim relief on a partial deposit: the taxpayer must deposit 25% of the disputed tax and have no other outstanding tax arrears for the bank attachment to be vacated. The appellate authority is permitted to decide the statutory appeal on merits even if limitation issues exist, provided the appeal is filed within the prescribed period. Failure to comply with the stipulated conditions permits the tax authority to resume recovery as if the petition were dismissed. Writ petition disposed accordingly.
Rectification proceedings and assessment dispute concerning a tax demand were addressed by conditioning interim relief on a partial deposit: the taxpayer must deposit 25% of the disputed tax and have no other outstanding tax arrears for the bank attachment to be vacated. The appellate authority is permitted to decide the statutory appeal on merits even if limitation issues exist, provided the appeal is filed within the prescribed period. Failure to comply with the stipulated conditions permits the tax authority to resume recovery as if the petition were dismissed. Writ petition disposed accordingly.
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