On appeal the Division bench, has directed the Revenue to lift the attachment of the bank account wherein the pension of the assessee was credited by observing that entire pension amount with arrears was lying in pension account and only a certain sum lying in that account related to other amount. Hence, assessee was permitted to operate pension account and make transactions with amount lying therein, excluding sum which pertained to other amount.(AY. 2007-08, 2008-09, 2010-11, 2013-14)
G. K. Reddy v. Dy. CIT (No. 2) (2024) 461 ITR 104 (Mad)(HC) Editorial: Refer, G. K. Reddy v. DCIT (2023) 461 ITR 42/ 156 taxmann.com 729 (Mad)(HC)
S. 220 : Collection and recovery-Assessee deemed in default-Stay–Attachment of bank accounts-Attachment of bank accounts-Attachment of pension account to recover the outstanding dues-not justified.