https://www.taxtmi.com/caselaws?id=239401 The court dismissed the writ petition filed by a company regarding tax liability under Section 115 JB of the Income Tax Act for Assessment Year 2007-08. The court upheld the Income Tax Department's coercive measures, including attaching the company's bank account, due to the company's default in paying the admitted tax liability. The court found no grounds for refund or challenging the tax provisions, emphasizing that the company had already made partial payments and provided security. Failure to pay the remaining tax amount could lead to further action by the Department under Section 153 of the Act. en-us Fri, 04 Oct 2013 00:00:00 +0530 Wed, 13 Nov 2013 09:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=239401 The court dismissed the writ petition filed by a company regarding tax liability under Section 115 JB of the Income Tax Act for Assessment Year 2007-08. The court upheld the Income Tax Department's coercive measures, including attaching the company's bank account, due to the company's default in paying the admitted tax liability. The court found no grounds for refund or challenging the tax provisions, emphasizing that the company had already made partial payments and provided security. Failure to pay the remaining tax amount could lead to further action by the Department under Section 153 of the Act. Case-Laws Income Tax Fri, 04 Oct 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=239401