Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

2024 (9) TMI 154

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ideration the order passed by the Apex Court [ 2023 (7) TMI 412 - SC ORDER] this petition is disposed of with a direction to the Revenue Authorities to decide the application for waiver of pre-deposit as well as application for urgent hearing as expeditiously as possible preferably within a period of one month from the date of receipt of certified copy of this order and pass a reasoned and speakin .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... order for withdrawing the sum of Rs. 94.53 crores towards recovery of Income Tax and penalty of Rs. 472.69 crores. 3. Learned counsel for the petitioner submitted that the petitioner has already availed the alternative remedy of filing an appeal as per liberty granted by the Apex Court in Special Leave to Appeal No.12272/2023 order dated 05.07.2023 which is pending before the appellate authority f .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... uch petitions are not maintainable at the interlocutory stage. Therefore, this petition deserves to be dismissed. 5. Heard the learned counsel for both the parties. 6. Taking into consideration the order passed by the Apex Court in SLP No.12272/2023 dated 05.07.2024, this petition is disposed of with a direction to the Revenue Authorities to decide the application for waiver of pre-deposit as well .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates