https://www.taxtmi.com/caselaws?id=349944 The Court allowed the Petitioner to operate one frozen bank account at Kotak Mahindra Bank Limited, Sector 18 Branch, Noida, to facilitate business operations. The decision was influenced by the Revenue's recovery almost meeting the 20% payment requirement specified in the CBDT Circular. Directives were issued for the Assistant Commissioner of Income Tax to provide written instructions to the bank for allowing account operation promptly. en-us Tue, 17 Oct 2017 00:00:00 +0530 Fri, 27 Oct 2017 09:07:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=349944 The Court allowed the Petitioner to operate one frozen bank account at Kotak Mahindra Bank Limited, Sector 18 Branch, Noida, to facilitate business operations. The decision was influenced by the Revenue's recovery almost meeting the 20% payment requirement specified in the CBDT Circular. Directives were issued for the Assistant Commissioner of Income Tax to provide written instructions to the bank for allowing account operation promptly. Case-Laws Income Tax Tue, 17 Oct 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=349944