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2013 (12) TMI 1131 - ALLAHABAD HIGH COURTCompliance of the interim order dated 18th January, 2012 - Stay of 50% of the accrued tax liability/ arrears under the U.P. Tax on Entry of Goods into Local Areas Act, 2007 - On 16.9.2012 High Court passed the order directing the counsel for the respondents to provide computation of the department to consider whether the demand is in excess of the amount, which the petitioner is required to deposit and secure by bank guarantee in compliance with the interim orders passed - On the same day on the request of the department the bank has allowed an amount to be encashed from the bank account - Whether the amount has been withdrawn before or after the communication of the interim order - Held that:- in case the petitioner furnishes bank guarantee of Rs.52 crores to the satisfaction of the Joint Commissioner (Commercial Tax) Corporate Circle (I), Commercial Tax Kanpur within a period of 15 days from today, he will not press any further demand in pursuance to the interim order - Decided partly in favour of Assessee.
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