The petitioner filed writ against attachment and sale proclamation. The Court recording the undertakings of the petitioner to pay 15 per cent. of the demand within four weeks and to pay the cost incurred for publication in newspapers by the Department so far and his further undertaking to pay a sum of Rs. 50,000 within seven days the court directed the Department to keep all proceedings in abeyance for a period five months. (AY.2011-12, 2012-13)
K. S. Santhosh Kumar v. ITO (2021) 432 ITR 209 (Mad.)(HC)
S. 226 : Collection and recovery-Modes of recovery-Attachment of property-Sale proclamation-Appeals pending before appellate authorities-Stay was granted by paying 15 Per Cent. of demand and expenses incurred by Department for newspaper notifications-Proceedings was kept abeyance for a period of five months. [Art, 226]