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2017 (2) TMI 565 - MADRAS HIGH COURT

2017 (2) TMI 565 - MADRAS HIGH COURT - TMI - Recovery of tax - the petitioner's stand is that, 25% of the disputed tax has already been deposited with the concerned authority - Held that: - I am inclined to agree with the learned counsel for the petitioner. Accordingly, the first respondent/the Joint Commissioner (CT) Appeals, is directed to dispose of the two appeals, pending consideration before him - Pending disposal of the appeals, it is directed that the impugned demand notice shall not be .....

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s notice on behalf of the respondents. With consent of the learned counsel for the parties, the writ petition is taken up for hearing and final disposal. 2. By virtue of the captioned writ petition, challenge is laid to the notice dated 18-01-2017. The impugned notice is a notice of demand seeking recovery of tax equivalent to ₹ 16,57,47,615/-(Rupees Sixteen Crores Fifty Seven Lakhs Forty Seven thousand Six hundred and fifteen Only). The demand pertains to assessment year 2014-2015. 3. The .....

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