https://www.taxtmi.com/caselaws?id=410994 The High Court of Madras set aside an interim order regarding the attachment of properties under Section 132(9B) of the Income Tax Act, 1961, in favor of two writ petitioners. The court emphasized the importance of providing the Department with a reasonable opportunity to present facts and address merit-based arguments through a counter affidavit. Following the court's decision, the Department withdrew the warrant of attachment, and the Fixed Deposits were directed to remain untouched until the main writ petitions are resolved. The Department was granted time to file a counter affidavit, and the writ petitions were scheduled for a hearing before the appropriate Single Bench. en-us Tue, 10 Aug 2021 00:00:00 +0530 Fri, 13 Aug 2021 21:39:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=410994 The High Court of Madras set aside an interim order regarding the attachment of properties under Section 132(9B) of the Income Tax Act, 1961, in favor of two writ petitioners. The court emphasized the importance of providing the Department with a reasonable opportunity to present facts and address merit-based arguments through a counter affidavit. Following the court's decision, the Department withdrew the warrant of attachment, and the Fixed Deposits were directed to remain untouched until the main writ petitions are resolved. The Department was granted time to file a counter affidavit, and the writ petitions were scheduled for a hearing before the appropriate Single Bench. Case-Laws Income Tax Tue, 10 Aug 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=410994