{"id":18801,"date":"2021-05-30T19:06:35","date_gmt":"2021-05-30T13:36:35","guid":{"rendered":"https:\/\/itatonline.org\/digest\/mansukhlal-amritlal-modi-v-ito-2020-195-dtr-255-318-ctr-320-bom-hc\/"},"modified":"2021-05-30T19:06:35","modified_gmt":"2021-05-30T13:36:35","slug":"mansukhlal-amritlal-modi-v-ito-2020-195-dtr-255-318-ctr-320-bom-hc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/mansukhlal-amritlal-modi-v-ito-2020-195-dtr-255-318-ctr-320-bom-hc\/","title":{"rendered":"Mansukhlal Amritlal Modi v. ITO (2020) 195 DTR 255 \/ 318 CTR 320 (Bom) (HC)"},"content":{"rendered":"<p>When the application for stay was pending Bank account was attached and recovered the tax. The assessee filed writ petition before High Court . Allowing the petition the Court held that \u00a0in exercising the power of stay, the Income Tax Officer should not act as a mere tax gatherer but as a quasi judicial authority vested with the public duty of protecting the interest of the Revenue while at the same time balancing the need to mitigate hardship of the assessee. Though the assessing officer has made an assessment, he must objectively decide the application for stay considering that an appeal lies against his order: the matter must be considered from all its facets, balancing the interest of the assessee with the protection of the Revenue.\u00a0 Accordingly, the impugned order dated\u00a031.01. 2020is hereby set aside and quashed. Further, the attachment of the bank account of the Petitioner being Account No.\u00a04251570000839 in HDFC Bank, Chembur, Mumbai, is also set aside.\u00a0 subsequent order dated\u00a003.03. 2020 \u00a0passed by Respondent No.\u00a02 would also stand set aside and quashed. The matter is remanded back to Respondent No.\u00a01 for a fresh consideration of the stay application of the Petitioner dated\u00a022.01 .2020 \u00a0in accordance with law, keeping in mind the discussion made above. The stay application be decided within a period of six weeks from today. Relied \u00a0<strong>UTI Mutual Fund v. ITO (\u00a02012 \u00a0)<\/strong>345 ITR 71 (Bom )(HC<strong>)\u00a0<\/strong><strong>KEC International Limited v. BR Balakrishnan<\/strong><strong>(<\/strong>2001) 251 ITR 158 (Bom ) (HC) \u00a0\u00a0(AY. 2012-2013)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S.225 :Collection and  recovery -Stay  of proceedings \u2013 Pendency of first appeal \u2013 Bank account cannot be attached without giving a reasonable opportunity of hearing &#8211;  Attachment of bank account was set aside \u2013  Assessing Officer must objectively decide the application for stay considering that an appeal lies against his order &#8211; The matter must be considered from all its facets, balancing the interest of the assessee with the protection of the Revenue.-  Directed to hear the stay application with in six weeks from the date of the order [ S.  226 , 250,  Art . 226 ]  <\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[],"class_list":["post-18801","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-4Tf","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/18801","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=18801"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/18801\/revisions"}],"predecessor-version":[{"id":18802,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/18801\/revisions\/18802"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=18801"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=18801"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=18801"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}