ITAT lifts attachment u/s 226(3) from Bank & debtors of COVID quarantine facilities constructor

Pandhes Infracon Pvt Ltd Vs ACIT (ITAT Mumbai) Mumbai ITAT worked from home and lifted attachment u/s 226(3) from Bank and debtors of COVID quarantine facilities constructor 1. The taxpayer sought an urgent hearing in respect of the recovery of the Income-tax demand of Rs. 2.91 Crores for the Assessment Year 2010-11. The total income tax demand was Rs. 6.47 crores out of which taxpayer already paid Rs. 3.56 Crores whereas tax component in total demand was Rs. 3.48 Crores. 2. The taxpayer sought for relief from garnishee proceedings. 3. The assessee taxpayer is a private limited company and a c...