https://www.taxtmi.com/caselaws?id=354010 The Court allowed one writ petition, setting aside the garnishee notice subject to the condition that the petitioners pay 20% of the disputed tax within five weeks. Failure to comply would allow the Income Tax Department to initiate recovery proceedings. The Court aimed to balance Revenue interests with providing relief to the assessees during the pending appeal process, considering the progress in land acquisition proceedings and the connection between tax recovery and land acquisition. en-us Wed, 03 Jan 2018 00:00:00 +0530 Tue, 16 Jan 2018 09:26:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=354010 The Court allowed one writ petition, setting aside the garnishee notice subject to the condition that the petitioners pay 20% of the disputed tax within five weeks. Failure to comply would allow the Income Tax Department to initiate recovery proceedings. The Court aimed to balance Revenue interests with providing relief to the assessees during the pending appeal process, considering the progress in land acquisition proceedings and the connection between tax recovery and land acquisition. Case-Laws Income Tax Wed, 03 Jan 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=354010