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Court Orders Lifting of Bank Account Attachment; Assessing Officer to Consider Stay Application Per DBDT Guidelines.

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Full Text of the Document

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....Attachment of bank accounts - Recovery of outstanding tax demands - Petition for stay of taxes - Applications under Section 154 are pending - recovery proceedings along with interest u/s.220(2) and penalty u/s.221 - The attachment will stand lifted forthwith. - AO directed to consider the stay application in view of DBDT guidelines - HC....

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