9911796707
TMI Blog2024 (9) TMI 887X X X X Extracts X X X X X X X X Extracts X X X X ..... of the impugned order, it is evident that the tax proposal pertains to unreconciled turnover and that the respondent took note of the reconciliation statement. Since the petitioner did not respond to the show cause notice, it appears that the tax proposal was confirmed. Learned counsel for the petitioner points out that all necessary documents are available with the petitioner to explain the unre ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... d on the ground that the petitioner did not have a reasonable opportunity to contest the tax demand on merits. Show cause notice dated 29.09.2023 was issued to the petitioner in respect of unreconciled turnover of about Rs.58,34,25,862.65/-. The petitioner asserts that it was unable to respond to such show cause notice or participate in proceedings on account of the initiation of proceedings again ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... the petitioner would be in a position to satisfactorily explain the unreconciled turn over if an opportunity is provided. On instructions, he submits that the petitioner is willing to remit Rs.50,00,000/- as a condition for remand. 3. Mr.T.N.C.Kaushik, learned Additional Government Pleader, accepts notice for the respondent. By drawing reference to the impugned order, he points out that principle ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ld be put on terms. 5. Therefore, impugned order dated 26.12.2023 is set aside on condition that the petitioner remits a sum of Rs.50,00,000/- with in three weeks from the date of receipt of a copy of this order. Within the said period, the petitioner is also permitted to submit a reply to the show cause notice by enclosing all relevant documents. Upon receipt of the petitioner's reply and upo ..... X X X X Extracts X X X X X X X X Extracts X X X X
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