https://www.taxtmi.com/caselaws?id=425149 The HC lifted provisional attachments on 38 bank accounts (25 under investigation and 13 unrelated) upon agreement that the petitioners would remit the cumulative credit balance of Rs.1,67,550.12 to revenue authorities. This amount will be invested in an interest-bearing fixed deposit pending adjudication. The revenue must serve a show cause notice, allow petitioners to contest it, and pass a speaking order. Petitioners must file quarterly bank statements of the investigated accounts. The 20-day delay in filing the counter-affidavit was condoned, and the writ petitions were disposed of with no order as to costs. en-us Mon, 11 Jul 2022 00:00:00 +0530 Fri, 04 Apr 2025 11:12:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=425149 The HC lifted provisional attachments on 38 bank accounts (25 under investigation and 13 unrelated) upon agreement that the petitioners would remit the cumulative credit balance of Rs.1,67,550.12 to revenue authorities. This amount will be invested in an interest-bearing fixed deposit pending adjudication. The revenue must serve a show cause notice, allow petitioners to contest it, and pass a speaking order. Petitioners must file quarterly bank statements of the investigated accounts. The 20-day delay in filing the counter-affidavit was condoned, and the writ petitions were disposed of with no order as to costs. Case-Laws GST Mon, 11 Jul 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=425149