{"id":26574,"date":"2022-04-20T17:56:39","date_gmt":"2022-04-20T12:26:39","guid":{"rendered":"https:\/\/itatonline.org\/digest\/indian-minerals-and-granite-co-v-dy-cit-2022-440-itr-292-karn-hc\/"},"modified":"2022-04-20T17:56:39","modified_gmt":"2022-04-20T12:26:39","slug":"indian-minerals-and-granite-co-v-dy-cit-2022-440-itr-292-karn-hc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/indian-minerals-and-granite-co-v-dy-cit-2022-440-itr-292-karn-hc\/","title":{"rendered":"Indian Minerals and Granite Co. v. Dy. CIT (2022) 440 ITR 292 (Karn.)(HC)"},"content":{"rendered":"<p>Allowing the petition the Court held that\u00a0 attaching the fixed deposit\u00a0 on merely stating likelihood of\u00a0 huge liability\u00a0 with the apprehension that the assessee might not make payment thereof thus causing loss to the Revenue, was clearly unfounded and without any basis. The order is cryptic, unreasoned, non-speaking and laconic.\u00a0 Order was quashed.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 281B : Provisional attachment-Merely stating likelihood of  huge liability-Attaching fixed deposit-Order cryptic, unreasoned, non-speaking and laconic-Order was quashed. [S. 153A,  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-26574","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-6UC","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/26574","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=26574"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/26574\/revisions"}],"predecessor-version":[{"id":26575,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/26574\/revisions\/26575"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=26574"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=26574"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=26574"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}