Bombay High Court Allows Stay of Tax Recovery in Coca Cola Case — Revenue Directed to Reconsider Stay Application Without Insisting on Predeposit. Attachment of Bank Accounts Under Section 226(3) of Income Tax Act, 1961 Set Aside as Revenue Failed to Apply Its Mind to Assessee's Prima Facie Case and Financial Hardship.
19 Oct 2005The petitioner, Coca Cola India Private Limited, challenged the orders dated August 11, 2005 and September 19, 2005 passed by the Assistant Commission...




