https://www.taxtmi.com/caselaws?id=447767 The court directed the lifting of bank attachments on the petitioner's accounts for tax liabilities from Assessment Years 2015-16 and 2021-22, as the petitioner had paid over 20% of the tax liabilities, meeting the criteria for an automatic stay of recovery proceedings. The respondent was instructed to process the stay applications considering the payments made. The court noted the petitioner could still file an appeal since the appeal period had not expired. The respondent-bank was ordered to allow the petitioner to operate their accounts, and the writ petitions were disposed of accordingly. en-us Wed, 20 Dec 2023 00:00:00 +0530 Thu, 04 Jan 2024 09:11:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=447767 The court directed the lifting of bank attachments on the petitioner's accounts for tax liabilities from Assessment Years 2015-16 and 2021-22, as the petitioner had paid over 20% of the tax liabilities, meeting the criteria for an automatic stay of recovery proceedings. The respondent was instructed to process the stay applications considering the payments made. The court noted the petitioner could still file an appeal since the appeal period had not expired. The respondent-bank was ordered to allow the petitioner to operate their accounts, and the writ petitions were disposed of accordingly. Case-Laws Income Tax Wed, 20 Dec 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=447767