No attachment of bank accounts without following proper procedures

CA Urvashi Porwal Brief of the Case In the case of M/s Kunj Power Project Pvt. Ltd. v/s Union Of India, it was held that the attachment of property and bank accounts can only be done by the revenue authorities after giving proper notice to the assessee and reasonable opportunity of being heard. The attachments needs to be only after following the prescribed procedures provided in the rules. Facts of the Case The petitioner is a company and is engaged in fabrication, erection and installation of power sub- stations. In the year, 2010, the petitioner undertook a contract for commissioning of 76...