AO couldn’t insist Bank to remit tax dues of assessee until he disposed of application seeking stay on recoveries

INCOME TAX : Where Assessing Officer issued a notice to assessee's bank requiring it to remit income tax dues of assessee; whereas before issuing of impugned notice assessee had made an application to Assessing Officer seeking a stay on recoveries, Assessing Officer was to be directed to dispose of assessee's application expeditiously and until said application was disposed of, he would not insist upon compliance with impugned notice

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