Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

2013 (5) TMI 427

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... assessment under the presumption of ‘suppression’, which according to the petitioner are per se wrong and illegal in all respects and hence under challenge in Ext.P2/P2(a) appeals preferred before the second respondent After consideration appellate authority passed Exts.P3 and P4 order against which this writ petition is filed. Held that - This Court finds that the 'extent of suppression' in .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ARISANKAR V. MENON SMT. MEERA V. MENON SRI. MAHESH V. MENON RESPONDENT: BY GOVERNMENT PLEADER SMT. SHOBA ANNAMMA EAPEN. JUDGMENT The petitioner is aggrieved of the condition imposed by the second respondent in Ext.P3 and P4 orders while granting interim stay during the pendency of statutory appeals directing the petitioner to satisfy 40% of the disputed liability so as to avail the bene .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... an inspection conducted in the subsequent year of assessment. It is based on the incriminating circumstances came across in the course of inspection and the subsequent turn of events pertaining to the said assessment year, that the proceedings were finalized by the concerned respondent vide Ext.P1/P1(a) orders in respect of the previous assessment years. The case of the petitioner is that, there i .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... by the petitioner has not been dealt with, which hence is sought to be interfered. 4. Heard the learned Government Pleader as well, who submits that the facts and figures are correctly adverted to by the appellate authority and that the impugned orders are 'speaking orders', which are not assailable under any circumstances. 5. This Court finds that the 'extent of suppression' as dealt with .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... could be reduced from 40% to "1/3rd", so as to have the benefit of interim stay throughout the pendency of the appeal. The same is modified and ordered accordingly and all other conditions remain to be the same. 6. Taking note of the submission made by the learned counsel for the petitioner that the time to satisfy the requirement has already run out, the petitioner is granted a further time of .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates