2023 (12) TMI 990

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..... omponent for payment or not? - HELD THAT:- Mr. Deepak Kakkar, Advocate accepts notice for Mr. Tejinder K. Joshi, Sr. Standing Cousnel, for respondents No. 1 to 3. To come up for service of respondent No. 4 on 13.02.2024. - HON BLE G.S. SANDHAWALIA AND HON BLE LAPITA BANERJI Present :- For the Petitioner : Mr. Rajat Bose, Advocate, Mr. Ankit Sachdeva, Advocate Mr. Rishab Singla, .....

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..... e, investigation started on 11.08.2022 (Annexure P-4) regarding the GST implications and of conducting an internal due diligence. 2. The petitioner-Company paid a sum of Rs. 8,00,46,776/- on the total amount of Rs. 4,44,704,312/- paid by it to its parent company in view of the decision by the Apex Court and interest element of Rs. 2,79,80,800/- was also paid which is mentioned in the letter dat .....

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..... nal sum of Rs. 20,46,87,723/- + applicable interest was quantified and the petitioner was advised to pay the same by 22.09.2023 failing which show cause notice was to be issued under Section 73(1) of the Act. Petitioner again submitted a detailed representation dated 27.09.2023 (Annexure P-11) wherein specific objections were then raised that the amount deposited in Indian currency of the salary c .....

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