https://www.taxtmi.com/caselaws?id=377536 The Court dismissed the writ petition seeking to prevent coercive recovery of penalty demand for the assessment year 2013-14 and release of bank accounts. It directed the petitioner to appeal before the Income Tax Appellate Tribunal (ITAT) promptly. The ITAT was instructed to expedite the appeal process, including interim relief application. The opposite parties were urged to promptly review the request for releasing bank accounts, considering the petitioner's role as a Government Corporation involved in essential electricity generation services. en-us Mon, 18 Mar 2019 00:00:00 +0530 Fri, 29 Mar 2019 18:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=377536 The Court dismissed the writ petition seeking to prevent coercive recovery of penalty demand for the assessment year 2013-14 and release of bank accounts. It directed the petitioner to appeal before the Income Tax Appellate Tribunal (ITAT) promptly. The ITAT was instructed to expedite the appeal process, including interim relief application. The opposite parties were urged to promptly review the request for releasing bank accounts, considering the petitioner's role as a Government Corporation involved in essential electricity generation services. Case-Laws Income Tax Mon, 18 Mar 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=377536