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2017 (4) TMI 934 - MADRAS HIGH COURT

2017 (4) TMI 934 - MADRAS HIGH COURT - TMI - Undertaking to pay penalty in installments - the balance amount towards penalty will be paid by the appellant in three monthly installments of ₹ 25,000/- each commencing from 05.04.2017 - Revenue, says that, if penalty is paid in the manner indicated above, the demand would get satisified - appeal allowed. - C.M.A.Nos.323 & 324 of 2017 and C.M.P.Nos.2328 to 2330 of 2017 - Dated:- 28-3-2017 - Rajiv Shakdher And R. Suresh Kumar, JJ. For Appellant .....

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account of two show cause notices, which form part of the present proceedings, a sum equivalent to ₹ 25,000/- has already been deposited. 2. Mr. Sundareswaran, who appears for the Revenue, says he will take instructions in that behalf." 2. The learned counsel for the appellant says that the balance amount towards penalty will be paid by the appellant in three monthly installments of ₹ 25,000/- (Rupees Twenty five thousand only) each commencing from 05.04.2017. 3. Mr.V.Sundareswa .....

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