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2014 (6) TMI 374 - HC - Income TaxStay application - Held that:- The assessee is directed to deposit a sum of Rs. 75 crores with the AO and shall also furnish a Bank Guarantee of any Nationalised Bank/Scheduled Bank for the difference of amount – revenue shall keep the Bank Guarantee alive till disposal of the appeals by the Tribunal, and for a period of 120 days as contemplated by Section 260A of the Act from the date of the decision of the appeals before the Tribunal – Decided partly in favour of Revenue.
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