2017 (7) TMI 1097

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..... tax demand - Held that:- This writ petition is disposed of with a slight notification of the direction given by the learned Tribunal that instead of 50% of the total tax demand, the petitioner-company may deposit 30% of the said total tax demand disputed before the learned Tribunal and if the petitioner-company has already deposited 20% of the tax demand in view of the aforesaid direction of the .....

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..... of the tax demand within seven days of the said order dated 22.03.2017 and balance amount shall be paid by the petitioner within 180 days in six equal installments. 2. The learned Senior counsel Mr.Percy Pardiwala for the petitioner-company has referred to paragraph-5 of the impugned order and has drawn the attention of the Court towards the suggestion of the Bench of Tribunal given to the learne .....

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..... learned Senior counsel for petitioner-assessee also submitted that on one occasion, was even heard by the Bench concerned but for some practical reasons, the judgment could not be delivered. The said appeal is stated to be pending for the last one year along with the connected appeals which were filed earlier. 4. Since common issues are involved in all the pending appeals and they deserve to be h .....

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..... deposited within a period of one month from today, since 20% of the total demand which was required to be deposited within seven days of the order passed by the learned Tribunal on 22.03.2017 stands deposited by the petitioner-company. 6. The said prayer of the learned Senior counsel for the petitioner-company is found to be in tune with the suggestion of the Bench of Tribunal itself as indicated .....

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..... e the learned Tribunal and if the petitioner-company has already deposited 20% of the tax demand in view of the aforesaid direction of the learned Tribunal, remaining 10% of the same also be deposited by the petitioner-company within the aforesaid period of one month as undertaken by the learned Senior counsel on behalf of the petitioner-company. No costs.
Case laws, Decisions, Judgements, Or .....

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