Bombay High Court Allows Writ Petition Against Bank Attachment During Pendency of Appeal — Income Tax Recovery Must Await Appellate Decision. The Court held that recovery proceedings under Section 220(6) of the Income Tax Act, 1961 should not be pursued when an appeal is pending, especially when a similar issue was decided in favour of the assessee for a prior assessment year.
15 Dec 2020The petitioner, Siolim Urban Co-op. Credit Society Ltd., challenged the attachment of its bank accounts by the Income Tax Department for recovery of t...




