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Case Name : Saravana Selvarathnam Retail Private Limited Vs PCIT (Madras High Court)
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Saravana Selvarathnam Retail Private Limited Vs PCIT (Madras High Court) The Madras High Court considered writ petitions challenging a provisional attachment order dated 16.08.2023 issued by the Income Tax Department under Section 281B of the Income Tax Act, 1961, by which immovable properties belonging to the petitioners were attached. Since a common issue arose in multiple petitions, the Court disposed of them through a common order, taking one writ petition as the lead case. The petitioners are engaged in the wholesale and retail sale of ready-made garments, jewellery, furniture, and househ...
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