Court Orders Lifting of Bank Account Attachment; Assessing Officer to Consider Stay Application Per DBDT Guidelines.

Court Orders Lifting of Bank Account Attachment; Assessing Officer to Consider Stay Application Per DBDT Guidelines. https://www.taxtmi.com/highlights?id=52456 Attachment of bank accounts - Recovery of outstanding tax demands - Petition for stay of taxes - Applications under Section 154 are pending - recovery proceedings along with interest u/s.220(2) and penalty u/s.221 - The attachment will stand lifted forthwith. - AO directed to consider the stay application in view of DBDT guidelines - HC en-us Fri, 20 Mar 2020 14:31:51 +0530 Fri, 20 Mar 2020 14:31:51 +0530 TaxTMI RSS Generator Court Orders Lifting of Bank Account Attachment; Assessing Officer to Consider Stay Application Per DBDT Guidelines. https://www.taxtmi.com/highlights?id=52456 Attachment of bank accounts - Recovery of outstanding tax demands - Petition for stay of taxes - Applications under Section 154 are pending - recovery proceedings along with interest u/s.220(2) and penalty u/s.221 - The attachment will stand lifted forthwith. - AO directed to consider the stay application in view of DBDT guidelines - HC Highlights Income Tax Fri, 20 Mar 2020 14:31:51 +0530 https://www.taxtmi.com/highlights?id=52456