2019 (8) TMI 57

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..... assessment, the Petitioner had not produced the documents or reply during pendency of such proceedings. The Assessing Officer therefore passed the ex-parte assessment order. He has imposed the tax of ₹ 42 Lacs (round off), 20% of which, would come to close to ₹ 8 Lacs. Thus the Petitioner is required to deposit the sum of ₹ 8 Lacs subject to which the remaining tax recovery would .....

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..... 1. The Petitioner has challenged the orders passed by the Assessing Officer as well as the Commissioner of Income Tax, requiring the Petitioner to deposit 20% of the disputed tax pending Appeal against the order of the assessment subject to which the remaining recovery would stand stayed. 2. Having heard the learned Counsel for the Petitioner and having perused the .....

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