https://www.taxtmi.com/caselaws?id=376269 The court resolved the Writ Petition challenging the assessment order for the assessment year 2016-2017, which raised significant tax demands. The petitioner, a real estate development partnership firm, contested the demand through an appeal. The central issue was the provisional attachment of the petitioner's property under Section 281B of the Income Tax Act, causing hardship. The petitioner challenged the attachment, arguing lack of justification and legal grounds. The court directed the petitioner to deposit a specified sum, restricting the attachment to certain properties and staying further recovery proceedings until the appeal's disposal, effectively resolving the issues. en-us Thu, 21 Feb 2019 00:00:00 +0530 Wed, 06 Mar 2019 06:22:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=376269 The court resolved the Writ Petition challenging the assessment order for the assessment year 2016-2017, which raised significant tax demands. The petitioner, a real estate development partnership firm, contested the demand through an appeal. The central issue was the provisional attachment of the petitioner's property under Section 281B of the Income Tax Act, causing hardship. The petitioner challenged the attachment, arguing lack of justification and legal grounds. The court directed the petitioner to deposit a specified sum, restricting the attachment to certain properties and staying further recovery proceedings until the appeal's disposal, effectively resolving the issues. Case-Laws Income Tax Thu, 21 Feb 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=376269