HC: Sets aside unreasoned order of provisional attachment, directs Revenue to pass fresh orders

P&H HC sets aside the order of provisional attachment of Assessee’s Bank Accounts absent reasons assigned by the Revenue for such attachment; Notes assessee’s plea that the provisional attachment orders were non-reasoned orders and a time bound direction be issued to the Revenue to pass those orders afresh in accordance with law taking into account the submissions of the Petitioners; States that the interim order already passed by this Court, viz., de-freezing the OD ...