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2017 (3) TMI 945

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..... e-tax Department. - Held that:- it is not necessary for this court, at this stage, to go into the various disputed contentions raised by the parties on the merits since the writ petitions are pending before the High Court. We find that the deposit is to be made mainly by the State of Andhra Pradesh. - Decided against the petitioners. - Civil Appeal Nos. 11735 to 11740 of 2016 and 11741 to 11771 .....

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..... oshi, Guntur Framod Kumar, Prashant Chaudhary, Ms. Gurkamal Hora Arora, and Ms. Tatini Basu, Advocates, with them) JUDGMENT Kurian Joseph, J. Civil Appeal Nos. 11735, 11736, 11737, 11738, 11739 and 11740 of 2016 and 11741, 11742, 11743, 11744, 11745 and 11747, 11748, 11749, 11750, 11751, 11752, 11753, 11754, 11755, 11756, 11757, 11758, 11759, 11760, 11761, 11762, 11763, 11764, 11765 .....

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..... nsure that the entire sale proceeds (i.e. ₹ 489.07 crores less the TDS of ₹ 4.81 crores) remain in the separate account directed to be maintained by this court. The interests of the petitioners, the Income-tax Department, and the Government of Andhra Pradesh would be secured thereby as, after the writ petitions are finally heard and decided, these amounts can be paid to those entitled .....

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..... a Pradesh. 5. Therefore, we dispose of these appeals with a request to the High Court to dispose of the writ petitions expeditiously and preferably before ensuing summer vacation. 6. In case the writ petitions are dismissed, the appellants shall, subject to the orders passed by the High Court and subject to those orders attaining finality, deposit the amounts as ordered by the High Court wit .....

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