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Ashok Leyland Limited Versus The Deputy Commissioner (CT) , The Joint Commissioner (CT) (Appeals)

2017 (5) TMI 926 - MADRAS HIGH COURT

Validity of assessment order - furnishing of bank guarantee for balance of tax - Held that: - This Court has already considered similar request made by other Assessees and permitted them to furnish personal bond instead of bank guarantee by consideri .....

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. M. P. No. 8817 of 2017 - Dated:- 10-4-2017 - K. Ravichandrabaabu, J. For Petitioner : Mr.N.Inbarajan For Respondents : Mr.S.Kanmani Annamalai ORDER Heard Mr.Inbarajan, learned counsel appearing for the petitioner and Mr.S.Kanmani Annamalai, learned .....

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ax of ₹ 11,28,25,520/- (Rupees eleven crores twenty eight lakhs twenty five thousand five hundred and twenty only). 3. The learned counsel for the petitioner submitted that the petitioner has already paid 50% of the tax liability and therefore, .....

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ructions submitted that the petitioner has paid a total sum of ₹ 10,02,89,350/- (Rupees ten crores two lakhs eighty nine thousand and three hundred fifty only) towards the part of tax liability. 5. It is seen that the petitioner filed a statuto .....

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the said application, the second respondent passed the impugned order by imposing two conditions for grant of stay. Insofar as the first condition is concerned, it is stated by the learned counsel for the petitioner that the said condition has been .....

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