132(3) prohibitory order

SIR,

PERSON RECEIVED A PROHIBITORY ORDER THROUGH THEIR BANK, AND FREEZE THEIR ACCOUNT

THIS PERSON HAVING A SINGLE BANK ACCOUNT ONLY NOT ANY BIG TRANSACTION,

KINDLY ADVISE .

Replies (7)
till the time of lifting prohibitory order, you are not supposed to operate your bank account

YES SIR, THE BANKER REPLIED TO MEET AUDITOR AND CHECK WITH INCOMETAX,

IN THE MEANTIME FOR  WHAT REASON THEY ISSUE THIS ORDER , MAY I KNOW?

 

they may suspect that your bank account belong to the assessee whom against search u/s. 132 conducted

OK THANK YOU SIR, SHE WAS A HOUSEWIFE, NOT AN ASSESSEE TOO. HAVING BALANCE 6000/- ONLY SIR.

 

don't worry... it may be lifted very sooner or later, not later than 60 days

THANKS VERY MUCH.

 

you are always welcome Mr. murali

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