TMI Blog2017 (5) TMI 1469X X X X Extracts X X X X X X X X Extracts X X X X ..... r that this direction has been given, having regard to the peculiar facts of this case, and shall not be treated as a precedent. The orders (Ninety) which have already been passed by the ITAT directing the Revenue to re-frame the assessment by taking into account the evidence of books of accounts should be decided by the Assessing Authority within a period of 12 weeks from today. Sofar as th ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... , Ms. Rani Mishra, Adv., Mr. Jatinderpal Singh, Adv., Mr. K.K. Venugopal, Sr. Adv., Mr. Jaideep Gupta, Sr. Adv., Ms. Anindita Mitra, Adv., Ms. B. Vijayalakshmi Menon, AOR, Ms. Anuradha Dutt, Adv., Ms. Fereshte D. Sethna, Adv., Mr. Munindra Dvivedi, Adv., Mr. Anuj Shah, Adv., Mr. Dhritiman Roy, Adv., Mr. Chaitanya Kaushik, Adv., Mr. Subramonium Prasad, Sr. Adv., Mr. Arvind Kumar Tewari,Adv., Mr. Ut ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... . K.K. Venugopal, Mr. Subramonium Prasad, Mr. C.A. Sundaram, Mr. Beni Chatterji, learned Senior Counsel appearing for the respondents at considerable length. 2) During the course of hearing, we have been handed over a Report including a Chart, a perusal whereof would show that refund of tax due to the assessee amounts to ₹ 192.54 crores. 3) Therefore, we direct the Income Tax Authoriti ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 7) Insofar as the flats in question are concerned, no steps including selling of the same shall be taken until final distribution is made by the Custodian. 8) The status quo orders passed by this Court in C.A. No. 2579/ 2011 dated 14.03.2011, C.A. No. 8437/2011 dated 30.09.2011 and C.A. 2563/2012 dated 24.02.2012 stand vacated at this stage insofar as it pertains to the amounts due and payabl ..... X X X X Extracts X X X X X X X X Extracts X X X X
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