TMI Blog2004 (4) TMI 54X X X X Extracts X X X X X X X X Extracts X X X X ..... yer for stay of the recovery of amount during the pendency of the appeals by the appellate authority - we are of the view that it is a fit case where stay is to be granted in favour of the petitioner till the disposal of the appeals. Accordingly, recovery of the amount of tax is stayed till the disposal of the appeals by the appellate authority, provided the petitioner deposits 50 per cent, of the ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ng the pendency of the appeals by the appellate authority. The said orders rejecting the stay in both the appeals have been annexed as annexure 10 series. According to the petitioner, in many of the cases the employees have either deposited the tax or if not deposited they are going to submit their revised returns and the validity of the amended rule is also under challenge before the Supreme Cour ..... X X X X Extracts X X X X X X X X Extracts X X X X
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