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.

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