https://www.taxtmi.com/caselaws?id=385793 The High Court rejected the petitioner's direct approach without availing alternative remedies for the Income Tax Officer's rejection of stay of demands for multiple financial years. The court emphasized exhausting statutory remedies before seeking judicial intervention and directed the petitioner to first file a revision/review petition before the Commissioner of Income Tax. The court accepted the petitioner's counsel's offer to deposit a specified amount to release the attached cash credit account, pending the outcome of the revision/review application. The court's directives included specific instructions based on the Commissioner's final decision on the application, ultimately disposing of the writ petitions and related applications. en-us Thu, 05 Sep 2019 00:00:00 +0530 Fri, 13 Sep 2019 06:01:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=385793 The High Court rejected the petitioner's direct approach without availing alternative remedies for the Income Tax Officer's rejection of stay of demands for multiple financial years. The court emphasized exhausting statutory remedies before seeking judicial intervention and directed the petitioner to first file a revision/review petition before the Commissioner of Income Tax. The court accepted the petitioner's counsel's offer to deposit a specified amount to release the attached cash credit account, pending the outcome of the revision/review application. The court's directives included specific instructions based on the Commissioner's final decision on the application, ultimately disposing of the writ petitions and related applications. Case-Laws Income Tax Thu, 05 Sep 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=385793