Covid 19- HC stays Bank account attachment subject to Rs. 5 Lakh setting apart for Taxes

Niyasha Barman Vs ITO (Calcutta High Court) There subsists an order dated March 20, 2020 passed by the Hon’ble Supreme Court directing the revenue authorities not to initiate any recovery proceedings during the subsistence of the COVID-19 pandemic. In my view, interest of justice would be subserved by directing the banks of the petitioners to allow the petitioners to operate the bank accounts subject to the bankers’ of the petitioner in WP No.5354(W) of 2020 setting apart a sum of Rs.5 lakhs. Such sum of Rs.5 lakhs, the Court is informed, is lying in one of the bank accounts of such petiti...