https://www.taxtmi.com/caselaws?id=428937 The court clarified that the attachment of Fixed Deposits would continue despite the petitioner being allowed to file a stay application before the Assessing Authority. In a separate case, the attachment of a property under Section 281B of the Income Tax Act was deemed to have lapsed as the 60-day period post-assessment order had expired. As a result, the attachment was lifted, and the petitioner incurred no costs in the matter. en-us Mon, 10 Oct 2022 00:00:00 +0530 Fri, 14 Oct 2022 08:48:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=428937 The court clarified that the attachment of Fixed Deposits would continue despite the petitioner being allowed to file a stay application before the Assessing Authority. In a separate case, the attachment of a property under Section 281B of the Income Tax Act was deemed to have lapsed as the 60-day period post-assessment order had expired. As a result, the attachment was lifted, and the petitioner incurred no costs in the matter. Case-Laws Income Tax Mon, 10 Oct 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=428937