9911796707
TMI Blog2011 (3) TMI 1118X X X X Extracts X X X X X X X X Extracts X X X X ..... n'ble Apex Court has also given a word caution in matters of taxes, cess, fees, etc. that the recovery of taxes should not be stayed - Hence, in view of judgment rendered in the case of United Bank of India v. Satyawati Tondon [2010 (7) TMI 829 - SUPREME COURT] the Hon'ble Apex Court has expected from the High Court not to ordinarily entertain a petition under Article 226 of the Constitution, if a ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... titioner. (iii) Award cost of the writ petition to the petitioner." 2. Having considered the submissions made at the bar and carefully perused the relevant material on record, it is noticed that the Deputy Commissioner of Income-tax Central Circle-2, Jaipur assessed Rs. 2,61,66,611 to be the income of the petitioner for the year 2007-08 and raised a demand of Rs. 1,38,33,389 payable by the petit ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... that the demand raised by the Assessing Officer is highly excessive, exorbitant and contrary to the material available before the Assessing Officer which needs to be stayed, in alternate, the learned counsel for the petitioner also submitted that in case the demand raised by the concerned authority is not stayed, Commissioner Appeals may be directed to dispose of the appeal as early as possible. ..... X X X X Extracts X X X X X X X X Extracts X X X X
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