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2017 (1) TMI 821 - SC ORDERStay of recovery - Penalty under section 271E - violation of the provisions of section 269T - Held that:- Learned counsel for the appellant says that the tax due has already been paid. Out of a penalty amount of ₹ 14 crores, an amount of ₹ 1.6 crores has already been recovered from the appellant. There shall be a stay of further recovery of penalty till the disposal of the appeal. HC ref case - 2015 (11) TMI 71 - KARNATAKA HIGH COURT
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