https://www.taxtmi.com/caselaws?id=76546 HC held that assessed income being approximately 74 times the returned income qualified as "unreasonably high pitched," warranting relief. The impugned attachment notices were directed to be kept in abeyance until the jurisdictional Commissioner disposes of the pending stay application. The petitioner may use the sealed bank accounts for day-to-day business operations and payments of statutory liabilities but is prohibited from withdrawing funds for other purposes. Writ petition disposed. en-us Thu, 07 Aug 2008 00:00:00 +0530 Tue, 04 Nov 2025 15:24:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=76546 HC held that assessed income being approximately 74 times the returned income qualified as "unreasonably high pitched," warranting relief. The impugned attachment notices were directed to be kept in abeyance until the jurisdictional Commissioner disposes of the pending stay application. The petitioner may use the sealed bank accounts for day-to-day business operations and payments of statutory liabilities but is prohibited from withdrawing funds for other purposes. Writ petition disposed. Case-Laws Income Tax Thu, 07 Aug 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=76546