https://www.taxtmi.com/caselaws?id=378529 The Court directed the Petitioner, a partnership firm, to deposit 10% of the disputed tax demand pending an Appeal against the assessment order to stay further recoveries. The Court found prima facie grounds against the order of assessment and instructed the Petitioner to fulfill the deposit condition by a specified date. Upon compliance, the department could withdraw the necessary amount from one of the Petitioner's bank accounts, leading to the release of both attached bank accounts. This decision aimed to balance the interests of justice while providing relief to the Petitioner during the Appeal process. en-us Fri, 05 Apr 2019 00:00:00 +0530 Wed, 17 Apr 2019 16:34:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=378529 The Court directed the Petitioner, a partnership firm, to deposit 10% of the disputed tax demand pending an Appeal against the assessment order to stay further recoveries. The Court found prima facie grounds against the order of assessment and instructed the Petitioner to fulfill the deposit condition by a specified date. Upon compliance, the department could withdraw the necessary amount from one of the Petitioner's bank accounts, leading to the release of both attached bank accounts. This decision aimed to balance the interests of justice while providing relief to the Petitioner during the Appeal process. Case-Laws Income Tax Fri, 05 Apr 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=378529