2018 (3) TMI 1213

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..... tely withdraw the impugned notices dated 16.3.2018 addressed to the Petitioner's bankers. Further on instructions of the Assessing Officer, Mr. Suresh Kumar states that no proceedings for recovery of the demand of ₹ 57.06 Crores would be initiated by the Revenue till such time as stay granted by the Tribunal is in operation. Statement accepted. The Petitioner seeks to withdraw the above P .....

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..... ver to the Respondent amounts of the Petitioner in their possession, to 2. The learned counsel for the Petitioner states that the impugned notices have been issued in respect of appeals pending before the Income Tax Appellate Tribunal (Tribunal). Further the impugned notices have been issued notwithstanding the fact that the order of the Tribunal dated 16.3.2018 extended the stay of the recover .....

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