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2013 (2) TMI 378

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..... g the counsel for the parties it would appropriate to direct the CIT(Appeals) to dispose of the appeal by 31.03.2013 & also direct that the attachment order be lifted by the respondents subject to the petitioner paying a sum of Rs.2.10 crores by 15.03.2013, which would bring it in-line with the schedule of payment directed under the order dated 14.12.2012. In case the said payment is made, the bal .....

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..... the Director of Income Tax which was partially allowed by virtue of the order dated 14.12.2012. By that order, the petitioner was directed to pay a sum of Rs.15 crores in instalments. The first instalment of Rs.2.25 crores was to be paid by 07.01.2013 and the balance amount of Rs 12.75 crores was to be paid in 17 equal instalments of Rs.0.75 crores each every month commencing from January, 2013 on .....

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..... ing it in-line with the schedule of payment directed under the order dated 14.12.2012. In case the said payment is made, the balance amount shall remain stayed till orders are passed by the Commissioner of Income Tax (Appeals) in the appeal. With these observations and directions, the writ petition stands disposed of. Dasti under the signature of the Court Master. - - TaxTMI - TMITax - Inc .....

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