https://www.taxtmi.com/caselaws?id=366259 The High Court of Madras allowed the writ petition, setting aside the impugned order under section 179 of the Income Tax Act, 1961. The Court directed the respondent to defreeze the petitioner's bank accounts. It clarified that its order did not prevent the respondent from initiating proceedings against the petitioner through lawful means. The judgment highlighted the importance of adhering to principles of natural justice and the necessity of a fresh assessment order to validate a demand under the Act. en-us Mon, 27 Aug 2018 00:00:00 +0530 Fri, 31 Aug 2018 08:56:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=366259 The High Court of Madras allowed the writ petition, setting aside the impugned order under section 179 of the Income Tax Act, 1961. The Court directed the respondent to defreeze the petitioner's bank accounts. It clarified that its order did not prevent the respondent from initiating proceedings against the petitioner through lawful means. The judgment highlighted the importance of adhering to principles of natural justice and the necessity of a fresh assessment order to validate a demand under the Act. Case-Laws Income Tax Mon, 27 Aug 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=366259