HMDA bank accounts defreezed

HYDERABAD: On the request of chief minister N Kiran Kumar Reddy, Union finance minister Pranab Mukherjee has advised the Income Tax officials to revoke the attachment orders issued against ban

Published: 22nd January 2012 04:22 AM  |   Last Updated: 16th May 2012 06:19 PM   |  A+A-

HYDERABAD: On the request of chief minister N Kiran Kumar Reddy, Union finance minister Pranab Mukherjee has advised the Income Tax officials to revoke the attachment orders issued against bank accounts of the Hyderabad Metropolitan Development Authority.

Earlier, the IT department issued a notice to the HMDA asking it to pay `383 crore. When it failed to pay up, it froze the accounts of the HMDA. On the advice of finance minister, the department de-froze the accounts.

Stay up to date on all the latest Hyderabad news with The New Indian Express App. Download now
(Get the news that matters from New Indian Express on WhatsApp. Click this link and hit 'Click to Subscribe'. Follow the instructions after that.)

Comments

Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp