1999 (11) TMI 837

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..... Tax Act, 1948, has been directed to furnish additional security in the form of a bank guarantee for Rs. 20,00,000. 2.. We have heard Sri Kunwar Saxena, learned counsel for the petitioner and Sri R.D. Gupta, learned Standing Counsel for the respondents. No counter-affidavit was proposed to be filed and the petitioner has been heard finally and is disposed of on merits. 3.. The petitioner is a .....

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..... ive any opportunity to the petitioner to show cause and a final order had been passed. The order mentions that on the examination of the records, it has come to notice that the dealer was claiming that it was selling iron scrap on which tax had already been paid and that on the verification of the dealer s so-called tax paid purchases for the years 1997-98 and 1998-99, the dealer s claim did not a .....

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