ITAT imposes costs for ‘recovery harassment’ on Assessing Officer

Shramjivi Nagari Sahakari Pat Sanstha Vs. ACIT (ITAT Pune)- The Hon’ble Bombay High Court in the case of KEC Interntional Ltd v/s. B.R. Balakrishnan (Supra) has been pleased to hold that generally coercive measures may not be adopted during the period provided by the Statute to go in appeal. In the present case, it remained the allegation of the appellant that recovery action was taken by the A.O by attaching bank account of the appellant u/s. 226(3) on 29.3.2010 on the basis of first appellate order passed on 3rd February 2010 and was served upon the assessee on 31st March 2010. Noting thes...