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TMI Blog2016 (6) TMI 1190X X X X Extracts X X X X X X X X Extracts X X X X ..... , interest and penalty liabilities was extremely harsh. Coupled with the fact that the assessee's immovable property under attachment secures the Government dues, we modify the pre-deposit condition by requiring the appellant to deposit 15% of the total principal tax liability for both years under both cases - appeal allowed in part. - TAX APPEAL NO. 980 to 983 of 2015, Civil Application (OJ) Nos ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... unal. We further notice that principal liability of VAT and CST for the two assessment years 2006-2007 and 2008-2009 was substantially lesser ignoring the element of interest and penalty. We also notice that the assessee's immovable property valued at close to ₹ 11 crores is under attachment of the department. Under our direction, partners of the firm had filed an undertaking dated 15.6. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... hich shall be done latest by 31.7.2016, upon which the first appellate authority shall hear the appeals on merits. For such purpose, the pre-deposit condition order, the order of dismissal of appeal by the first appellate authority as well as impugned order of the Tribunal are quashed. 4. It is clarified that till the first appeals are decided, the attachment of the immovable property in questi ..... X X X X Extracts X X X X X X X X Extracts X X X X
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