9911796707
TMI Blog2015 (6) TMI 1017X X X X Extracts X X X X X X X X Extracts X X X X ..... h meant that petitioner had sold off these entire rubber products - Held that:- when a revision has been filed by the petitioner he cannot pursue this remedy of writ. Under the statute the petitioner is bound to deposit 50% of the demand raised and no exceptional reason has been found for why the petitioner should be exempted from depositing 50%. It is to be said so because the petitioner has not ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... a dealer. He sells furniture and at the relevant time was also selling rubber products. During the assessment year 2008-09, the petitioner purchased tyres, tubes and flaps, i.e., rubber products of the value of ₹ 54,17,838 from M/s. Birla Tyres, Chitta Ranjan Road, Agartala. 3. On June 1, 2009, the income-tax authorities inspected the premises of the petitioner and found that there is no s ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... present petition. 5. We are clearly of the view that when a revision has been filed by the petitioner he cannot pursue this remedy of writ. Under the statute the petitioner is bound to deposit 50 per cent of the demand raised and we find no exceptional reason in this case why the petitioner should be exempted from depositing 50 per cent. We are saying so because the petitioner has not denied the ..... X X X X Extracts X X X X X X X X Extracts X X X X
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