{"id":37844,"date":"2023-10-16T12:05:34","date_gmt":"2023-10-16T06:35:34","guid":{"rendered":"https:\/\/itatonline.org\/digest\/xiaomi-tecnology-india-p-ltd-v-dy-cit2023-291-taxman-315-karnhc\/"},"modified":"2023-10-16T12:05:34","modified_gmt":"2023-10-16T06:35:34","slug":"xiaomi-tecnology-india-p-ltd-v-dy-cit2023-291-taxman-315-karnhc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/xiaomi-tecnology-india-p-ltd-v-dy-cit2023-291-taxman-315-karnhc\/","title":{"rendered":"Xiaomi Tecnology India (P) Ltd v.Dy.CIT(2023) 291 Taxman 315 (Karn)(HC)"},"content":{"rendered":"<p>Revenue provisionally attached the\u00a0 fixed deposit of two banks. The assessee\u00a0 filed the writ petition against the said attachment. allowing the petition the Court held that\u00a0 mere apprehension that huge tax demands were likely to be raised on completion of assessment was not sufficient to constitute\u00a0 formation of opinion for purpose of provisional attachment.\u00a0 Order of provisional attachment is held to be illegal and arbitrary.\u00a0 The order of attachment was\u00a0 quashed and set aside. (AY. 2018-19)\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 281B : Provisional attachment-Fixed deposit of two banks-Recording of satisfaction-Mere apprehension that huge tax demands were likely to be raised on completion of assessment was not sufficient to constitute  formation of opinion for purpose of provisional attachment-Order of provisional attachment is held to be illegal.[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-37844","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-9Qo","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/37844","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=37844"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/37844\/revisions"}],"predecessor-version":[{"id":37845,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/37844\/revisions\/37845"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=37844"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=37844"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=37844"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}