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TMI Blog2019 (11) TMI 1624X X X X Extracts X X X X X X X X Extracts X X X X ..... irected by the First Appellate Authority for entertaining both the appeals. Both the appeals filed by the petitioner(s) for the two aforesaid assessment years be entertained by the First Appellate Authority/D.E.T.C., Ludhiana, subject to deposit of a total sum of ₹ 25,00,000/- towards pre-deposit for both the assessment years, within four (04) weeks from the date of receipt of certified c ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Assessment Years 2012-13 2013-14 has raised a demand of ₹ 3,36,75,040/- (Three Crores Thirty-Six Lacs Seventy- Five Thousand Forty only) and ₹ 1,68,39,735/- (One Crore Sixty-Eight Lacs Thirty-Nine Thousand Seven Hundred Thirty-Five only), respectively, on account of suppression of sale or purchases. [3] No doubt, the petitioner(s)-Assessee(s) had been duly served, however, an Ex-p ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... pre-deposit, which are stated to be pending. [5] In the aforesaid background, the petitioners have filed the present writ petitions, stating that there is no suppression of sales or purchases and thus, no Evasion of Tax, as only an exercise has to be undertaken towards matching the transactions to substantiate the plea. Counsel for the petitioner had submitted that the petitioner is ready and w ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... f the petitioner was and is the readiness and willingness to deposit a sum of ₹ 25,00,000/- (Twenty-Five Lacs only) instead of the total amount of ₹ 15,00,000/- (Fifteen Lacs only) directed by the First Appellate Authority for entertaining both the appeals. [8] In view of the aforesaid developments, it is ordered that both the appeals filed by the petitioner(s) for the two aforesaid ..... X X X X Extracts X X X X X X X X Extracts X X X X
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