TMI Blog2014 (1) TMI 990X X X X Extracts X X X X X X X X Extracts X X X X ..... outstanding to be deposited - A sum of Rs.3,03,71,740/- is the refund which the petitioner is eligible for, for the assessment years 2012-13 and 2013- 14 - The petitioner submitted that he would not press for refund of the aforesaid amount and till the disposal of the appeal pending before the fourth respondent, no coercive steps may be initiated against the petitioner with regard to payment of b ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... taxes. 2. Briefly stated the facts are that petitioner had filed an appeal before the Commissioner of Income Tax (Appeals)/ respondent No.4 herein assailing the order passed under Sections 201(1) and 201(1A) of the Income Tax Act (hereinafter referred to as the Act , for short). During pendency of the appeal, the third respondent issued a communication to the petitioner to remit 50% of the dem ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... g to be deposited in terms of Annexure-A. In this regard, counsel for petitioner states that a sum of Rs.3,03,71,740/- is the refund which the petitioner is eligible for, for the assessment years 2012-13 and 2013- 14. In the circumstances, submission is that the petitioner would not press for refund of the aforesaid amount and till the disposal of the appeal pending before the fourth respondent, n ..... X X X X Extracts X X X X X X X X Extracts X X X X
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