News
HC orders release of bank accounts belonging to family members of a GST assessee
- Date:
- March 15, 2021
- Source:
- Business Line
“It goes without saying that pre-assessment attachment of property, including bank account, even if provisional, is a drastic measure...It is a serious invasion into the private domain of a tax payer.” The Bombay High Court has held that bank accounts related to family members of GST assessee should not be attached. This ruling has come after the Central Board of Indirect Taxes & Custom (CBIC)…