https://www.taxtmi.com/caselaws?id=10584 A statutory demand period under section 220(1) may be curtailed only on relevant grounds where the Assessing Officer reasonably believes that allowing the full period would prejudice the Revenue; reduction to one day was therefore invalid because the stated reasons did not show such detriment. Garnishee recovery under section 226(3) cannot be enforced before fair service of notice, and bank account attachment and debit without prior notice was treated as unlawful and arbitrary. Where the demand and recovery are quashed, the amount recovered must be restored, and compensatory interest may be awarded for wrongful deprivation of funds. en-us Tue, 26 Jul 2005 00:00:00 +0530 Sat, 18 Jul 2009 10:43:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=10584 A statutory demand period under section 220(1) may be curtailed only on relevant grounds where the Assessing Officer reasonably believes that allowing the full period would prejudice the Revenue; reduction to one day was therefore invalid because the stated reasons did not show such detriment. Garnishee recovery under section 226(3) cannot be enforced before fair service of notice, and bank account attachment and debit without prior notice was treated as unlawful and arbitrary. Where the demand and recovery are quashed, the amount recovered must be restored, and compensatory interest may be awarded for wrongful deprivation of funds. Case-Laws Income Tax Tue, 26 Jul 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=10584