Bank Account Attached by Income Tax Dept: Madras HC Allows Instalment Payment of 20% Tax, Orders De-Freezing After 1st instalment

The Madras High Court has allowed instalment payment of tax and ordered de-freezing of a bank account attached by the Income Tax Department. This compassionate ruling provides significant relief to the taxpayer, balancing the department's right to recover dues with the taxpayer's financial hardship. By permitting payment in instalments, the court enables the individual to meet their tax obligations without facing complete financial paralysis, demonstrating a pragmatic approach to tax recovery and ensuring operational continuity for the assessee.