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TMI Blog2024 (2) TMI 58X X X X Extracts X X X X X X X X Extracts X X X X ..... ts to Section 50 as the amendment was done retrospectively by the Finance Acts of 2019 and 2021. - HELD THAT:- The petition filed by the petitioner is disposed of. The petitioner may approach the respondents by way of an appropriate representation indicating the demand, which according to the petitioner, would be payable and seeking redetermination of the demand raised pursuant to the Notices date ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... itioner(s) : Mr. Lokesh Mathur For the Respondent(s) : Mr. Rajvendra Saraswat. Mr. Arpit Mehta. ORDER 1. This writ petition has been filed by the petitioner aggrieved of the Notice dated 13.08.2019 (Annex. 1), whereby the petitioner has been called upon to deposit interest amounting to Rs. 22,94,722/- within a period of three days. 2. The said notice was issued to the petitioner pursuant to ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... by the respondents dated 11.09.2018 & 13.08.2019, requires to be redetermined by them and therefore, the matter be remanded back to the respondents for redetermination of the same. 5. Learned counsel appearing for the respondents does not dispute the fact that the provisions of Section 50 of the Act has undergone changes, which would have implication on the demand raised against the petitioner an ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 8. As for non-payment of the demand raised, the Bank account of the petitioner has been attached, it would be required of the petitioner to make payment of the payable amount as indicated by him in the representation, on such payment, the attachment of the bank account of the petitioner shall be lifted by the respondents. 9. However, the said payment would remain subject to the final determinatio ..... X X X X Extracts X X X X X X X X Extracts X X X X
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