New User   Login      
Tax Management India .com TMI - Tax Management India. Com
Extracts
Home List
← Previous Next →

2015 (9) TMI 298 - DELHI HIGH COURT

2015 (9) TMI 298 - DELHI HIGH COURT - 2015 (322) E.L.T. 442 (Del.) - Waiver of pre deposit - Financial crisis - Held that:- the materials on record, the statements of the parties, the affidavit placed on record together with copies of the ITR, balance sheets and the statement of affairs clearly indicate that the appellant is in acute financial crisis and would not be able to pay any amount. In these peculiar circumstances, the requirement of depositing any pre-deposit amount is hereby set aside .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

e case. It is stated that the material now placed on record clearly shows that balance of convenience lies in granting the interim order during the pendency of the appeal absence of which would result in deprivation of the right to appeal itself. Learned counsel points out that the appellant is facing acute financial hardship and its proprietor has very meagre sources. Learned counsel for revenue opposes the contentions and urges that the adjudicating authority has examined the entire gamut of m .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

 

 

 

 

 



|| Home || Acts and Rules || Notifications || Circulars || Schedules || Tariff || Forms || Case Laws || Manuals ||

|| About us || Contact us || Disclaimer || Terms of Use || Privacy Policy || TMI Database || Members || Site Map ||

© Taxmanagementindia.com [A unit of MS Knowledge Processing Pvt. Ltd.] All rights reserved.

Go to Mobile Version