1978 (1) TMI 26

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....-It appears that certain income-tax dues were in arrears against a HUF firm, Messrs. Naraindas Gopal Das. On 17th June, 1974, the TRO issued an order to Messrs. Kailash and Company under r. 26(1)(iii) of the Second Schedule of the I.T. Act prohibiting it from receiving or delivering the balance of the loan account of the petitioner in the firm of Messrs. Kailash and Company. The petitioner filed o....