https://www.taxtmi.com/caselaws?id=20123 Where the right to receive disputed payments is substantially in issue, those amounts do not prima facie accrue as income; therefore writ relief may be entertained to protect competing interests and to secure early merits adjudication by the appellate forum. The appropriate interim relief is to restrain coercive recovery under assessment orders pending disposal of the appeal on merits, provided the taxpayer furnishes a bank guarantee for the tax amounts to the satisfaction of the tax officer within a fixed period. The petition was entertained and recovery stayed subject to that condition; no costs awarded. en-us Fri, 07 May 1993 00:00:00 +0530 Wed, 11 Nov 2009 18:13:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=20123 Where the right to receive disputed payments is substantially in issue, those amounts do not prima facie accrue as income; therefore writ relief may be entertained to protect competing interests and to secure early merits adjudication by the appellate forum. The appropriate interim relief is to restrain coercive recovery under assessment orders pending disposal of the appeal on merits, provided the taxpayer furnishes a bank guarantee for the tax amounts to the satisfaction of the tax officer within a fixed period. The petition was entertained and recovery stayed subject to that condition; no costs awarded. Case-Laws Income Tax Fri, 07 May 1993 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=20123