2010 (7) TMI 424

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..... matter on 23-7-2010. When the stay application was listed before us, crucial issue came for consideration was as to whether an amount of Rs. 35,00,000 declared in the course of survey under section 133A of Income-tax Act, 1961 shall be treated as the receipt for the purpose of taxation under Finance Act, 1994 as consideration towards taxable services provided if any in relation to Mandap Keeper. .....

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..... that the sister department has gathered certain evidence and also the disclosure of Rs. 35 lakhs was subject-matter of Income-tax for the assessment year 2005-06, which should be considered as the consideration from Mandap Keeper service and taxable. He also states that this amount appears in the balance sheet of the appellant. Therefore, this appellant should not succeed at any stage of the proce .....

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