Notice can’t be issued to bank to seize accounts if assessee already deposited 20% of demand: Bombay HC

INCOME TAX : Where revenue already had amount earlier deposited by assessee with Commissioner (Appeals) in relation to earlier Assessment year which corresponded to more than 20 per cent of demand amount for relevant assessment year, issuance of impugned notice to assessee's bank to recover demand amount was not justified

from www.taxmann.com Latest Case Laws https://www.taxmann.com/research/direct-tax-laws/top-story/101010000000197697/notice-can’t-be-issued-to-bank-to-seize-accounts-if-assessee-already-deposited-20-of-demand-bombay-hc.aspx