HC: Grants 6 months for balance tax-payment considering loss of income due to COVID-19
Madras HC directs Revenue to defreeze Assessee’s account viewing that some indulgence can be shown to the Assessee in the wake of COVID-19, so that it can have a breathe by dealing with its account, more particularly, when it has given an undertaking; Notes that the petition is against the attachment of Bank Account of the Assessee for realizing tax dues to the tune of Rs. 83,58,962 and that it is not in a position to run the business as before due to COVID-19, therefore, c...