Writ Petition No. 2251 of 2015. Case: Cenzer Industries Ltd. Vs The Income Tax Officer 5(1)(3) and Ors.. High Court of Bombay (India)

Case NumberWrit Petition No. 2251 of 2015
CounselFor Appellant: Deepak Tralshawalla i/b V.S. Hadade, Advs. and For Respondents: S.V. Bharucha, Adv.
JudgesM. S. Sanklecha and B. P. Colabawalla, JJ.
IssueConstitution of India - Article 226; Income Tax Act, 1961 - Section 226(3)
Judgement DateWednesday January 13, 2016
CourtHigh Court of Bombay (India)

Judgment:

  1. This Petition under Article 226 of the Constitution of India challenges order dated 27th August 2012 of the Commissioner of Income Tax refusing to grant stay, orders dated 13th November 2013 under section 226(3) of the Income Tax Act 1961 attaching the Petitioners' various bank accounts and recovery of tax by the Revenue taking six post dated cheques aggregating to Rs.1.20 crores. This Petition was filed as Petitioners' Miscellaneous Application dated 15th July 2013 seeking to rectify the order dated 12th June 2013 of the Income Tax Appellate Tribunal (Tribunal)...

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