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2015 (12) TMI 1384 - BOMBAY HIGH COURT

2015 (12) TMI 1384 - BOMBAY HIGH COURT - TMI - Stay of recovery of taxes - Imposition of condition for stay - Held that:- Tribunal was approached against such a conditional stay order of the First Appellate Authority and it found that the appellant has made out a prima facie case to the extent of stay of the direction to pay interest and penalty. However, as far as the taxes are concerned as against the sum determined at Rs,76,73,937/-, the Tribunal brought it down to ₹ 22,59,672/-. The Tr .....

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er passed in VAT Appeal No.561 of 2014 on 5th January, 2015. 2. The Maharashtra Sales Tax Tribunal had before it this appeal and particularly directed against the interim stay order of the Deputy Commissioner of Sales Tax (Appeals) VI, Mumbai. The First Appellate Authority viz. the Deputy Commissioner had directed the appellant to pay a sum of ₹ 76,73,937/- as a condition for stay of recovery of taxes pursuant to the order of the Assistant Commissioner of Sales Tax, Investigation Branch, M .....

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