Calcutta HC Grants Injunction as TDS Records Acknowledged Loan Relationship

Divij Mercantiles Pvt. Ltd. Vs Smt. Sabita Rungta And Ors. (Calcutta High Court) The appeal was filed by the plaintiff against the judgment and order dated January 31, 2025, by which a learned Single Judge dismissed the plaintiff’s application seeking injunction and attachment in a commercial suit for recovery of money. The plaintiff contended that it had lent and advanced money to the respondent. In support of its claim, the plaintiff relied on documents showing that the respondent had deducted tax at source and deposited the same with the Income Tax authorities on account of the plaintiff....