{"id":23972,"date":"2022-01-12T15:30:05","date_gmt":"2022-01-12T10:00:05","guid":{"rendered":"https:\/\/itatonline.org\/digest\/siolim-urban-co-op-credit-society-ltd-v-cit-2021-198-dtt-228-319-ctr-213-goa-bom-hc\/"},"modified":"2022-01-12T15:30:05","modified_gmt":"2022-01-12T10:00:05","slug":"siolim-urban-co-op-credit-society-ltd-v-cit-2021-198-dtt-228-319-ctr-213-goa-bom-hc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/siolim-urban-co-op-credit-society-ltd-v-cit-2021-198-dtt-228-319-ctr-213-goa-bom-hc\/","title":{"rendered":"Siolim Urban Co-op Credit Society Ltd. v. CIT (2021) 198 DTT 228 \/ 319 CTR 213 (Goa) (Bom.)(HC)"},"content":{"rendered":"<p>On writ against the issue of notice to \u00a0the bank \u00a0of the assessee the Court held that \u00a0there was absolutely no justification for the Respondents to recover the amount of Rs.13,77,638\/- from the Petitioner by issuance of the impugned notice to the Karnataka Bank. The record indicates that the Respondents had, with themselves, an amount of Rs.5.32 lakhs which corresponds to more than 20% of the demanded amount for the Assessment Year 2017-18. At the highest, the Respondents could have inquired with the Petitioner as to whether this amount could be adjusted since the Petitioner had already informed the Department about the filing of the Appeal.\u00a0 Stay was granted till disposal of appeal by the CIT (A). \u00a0(AY. 2014 -15 )<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 226 : Collection and recovery &#8211; Modes of recovery \u2013 Appeal pending before CIT (A)-Deposited 20 % of tax in dispute- Stay was granted  till the disposal of appeal by CIT (A) [ S. 225 , 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-23972","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-6eE","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/23972","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=23972"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/23972\/revisions"}],"predecessor-version":[{"id":23973,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/23972\/revisions\/23973"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=23972"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=23972"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=23972"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}