Monday, May 4, 2020

Calcutta HC stays Income Tax Recovery through Bank Account Attachment amid COVID-19 Pandemic [Read Order]

The Calcutta High Court has stayed Bank account attachment subject to Rs. 5 Lakh setting apart for Taxes amid Coronavirus. The petitioners are retired, they are facing undue hardship by reason of the notice of recovery issued by the revenue authorities. Usually, appeals against the order of assessment are admitted on the basis of 20% […]

from Taxscan | Simplifying Tax Laws https://ift.tt/35s9RGl

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