TMI Blog2014 (6) TMI 712X X X X Extracts X X X X X X X X Extracts X X X X ..... he transactions, though raising objections as to the varying dates in respect of which such liability may be due. The respondent has also stated that the tax authorities had seized the various documents pertaining to the transaction and that the respondents were not in a position to address the claim completely. It is in this manner that the respondent halfheartedly seeks to deny the liability - I ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... t the petitioner is engaged in the business of display of advertisements on bus shelters and other public places. The respondent is a company incorporated under Companies Act, 1956, in the State of Karnataka and the respondent is also engaged in similar business of outdoor advertisements and in the course of their business, the respondent had approached the petitioner requesting to display the adv ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 09 indicating the terms and conditions of the agreement. It is pursuant to this that the respondent had fallen into arrears of payment under the said agreement in a sum of Rs.5,56,435/- and therefore further agreement was entered into on 15/12/2010 which is incorrectly mentioned in the deed as 22/11/2009 and the respondent was to pay a sum of Rs.5,29,440/- under the second agreement. In this manne ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... t chose to reply to the notice and it is only in this proceedings, after service of notice manually, having entered appearance, had filed statement of objections, while admitting the transactions, though raising objections as to the varying dates in respect of which such liability may be due. The respondent has also stated that the tax authorities had seized the various documents pertaining to the ..... X X X X Extracts X X X X X X X X Extracts X X X X
|