Mundela Service Co-Operative Bank Ltd. v. ITO (2018) 258 Taxman 233 (Ker.)(HC)

S. 226 : Collection and recovery – Modes of recovery –Co-operative societies -Cash credits- Direction to deposit 50% of tax in dispute is reduced to 20% and directed the CIT(A) to expedite the hearing. [S.68, 80P]

On writ the Court modified the direction to deposit 50% of tax in dispute is reduced to 20% and also directed the CIT(A) to expedite the hearing.(AY. 2011-12)