https://www.taxtmi.com/caselaws?id=392283 The High Court of Calcutta considered a challenge to a notice under Section 226(3) of the Income Tax Act, 1961, regarding a recovery notice for an amount due for the assessment year. The petitioner argued against the validity of the notice, citing errors in the proceeding. The Court allowed the writ petition and directed the petitioner to pursue an appeal by depositing 20% of the assessed amount. During the appeal process, the demand notice and bank notices were stayed. The judgment emphasized that observations on the bank notice were for the writ petition only, instructing the appellate authority to decide the appeal independently. The writ petition was disposed of without costs. en-us Tue, 28 Jan 2020 00:00:00 +0530 Mon, 17 Feb 2020 09:07:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=392283 The High Court of Calcutta considered a challenge to a notice under Section 226(3) of the Income Tax Act, 1961, regarding a recovery notice for an amount due for the assessment year. The petitioner argued against the validity of the notice, citing errors in the proceeding. The Court allowed the writ petition and directed the petitioner to pursue an appeal by depositing 20% of the assessed amount. During the appeal process, the demand notice and bank notices were stayed. The judgment emphasized that observations on the bank notice were for the writ petition only, instructing the appellate authority to decide the appeal independently. The writ petition was disposed of without costs. Case-Laws Income Tax Tue, 28 Jan 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=392283