HC set-aside attachment order passed requiring 20% of tax demand as assessee was already granted stay of demand

INCOME TAX : Where assessee was granted stay of demand on payment of 20 per cent of disputed tax demand and thereafter an attachment order was passed in terms of section 226(3) so as to insist assessee to pay such 20 per cent of tax demand, impugned attachment order would result in denial of benefit originally conferred upon assessee of allowing stay on payment of 20 percent of tax, therefore, impugned order of attachment was unjustified and same was to be set aside

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