https://www.taxtmi.com/caselaws?id=220835 The Court found the execution of recovery notices under Section 226(3) to be arbitrary and high-handed, depriving the Petitioner of any recourse. It directed the Commissioner of Income Tax (Appeals) to dispose of the stay applications promptly and ordered the Revenue to return Rs.1 crore to the Petitioner's bank account for operational purposes. The remaining recovered amount was to be subject to the CIT (Appeals) orders. The petition was disposed of without costs. en-us Wed, 23 Jan 2013 00:00:00 +0530 Fri, 28 Jun 2013 14:49:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=220835 The Court found the execution of recovery notices under Section 226(3) to be arbitrary and high-handed, depriving the Petitioner of any recourse. It directed the Commissioner of Income Tax (Appeals) to dispose of the stay applications promptly and ordered the Revenue to return Rs.1 crore to the Petitioner's bank account for operational purposes. The remaining recovered amount was to be subject to the CIT (Appeals) orders. The petition was disposed of without costs. Case-Laws Income Tax Wed, 23 Jan 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=220835