2018 (3) TMI 1531

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.... the petitioner. Mr. Akhileshwar Sharma, Advocate for the respondent.   P.C. : 1. Not on board. Mentioned. Upon mentioning, taken up on production board at 3.00 p.m. 2. Mr. Mistri, Learned Senior Counsel seeks leave to add the notice dated 27th March, 2018 issued under Section 226(3) of the Income-Tax Act, 1961 (the Act) served upon the petitioners bankers attaching the petitioner....

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.... on the ground that unless the petitioner pays 20% of the demand raised, the application for stay cannot be taken up. This was contrary to the numerous decisions of this Court setting out the manner in which the stay application filed under Section 220(6) of the Act is to be disposed of. 6. Moreover, this coercive proceedings have been commenced by the Revenue even before the time to file an ap....

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.... bank accounts without notice to the petitioner are contrary to the binding decision of our Court in UTI Mutual Funds V/s. Income-Tax Officer and Others, reported in [2012] 345 ITR 71 (Bom). 8. In the above view, we directed the petitioners to once more serve the respondent-Commissioner of Income-Tax and place the matter for consideration at 5.00 p.m. When the petition was taken up at 5.00 p.m.....