9911796707
TMI Blog2019 (10) TMI 554X X X X Extracts X X X X X X X X Extracts X X X X ..... r : ADVS. SRI. HARISANKAR V. MENON, SMT. MEERA V. MENON AND SMT. K. KRISHNA For The Respondents : ADV. SRI.P.K.RAVINDRANATHA MENON (SR.), SRI.JOSE JOSEPH, SC, FOR INCOME TAX, ADV. SRI.GEORGE THOMAS (MEVADA)(SR.), SRI.AMAL GEORGE, SC, SBI AND SRI.M.SASINDRAN, SC, PALAKKAD DIST.CO.OP.BANK JUDGMENT The petitioner has approached this Court aggrieved by the action of the respondent Income Tax Depar ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... f Rs. 2,32,418/- as defaulted. Similarly, for the assessment year 2012-2013 by an order dated 11.01.2018 passed by the Assessing Authority, in an application under Section 220(2) of the Income Tax Act, the petitioner was required to pay an amount of Rs. 12,98,710/- within six months from the date of the order. As against this, the petitioner paid an amount of Rs. 6,75,000/- leaving a balance of Rs ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... llow, as a consequence, that on the default committed by the petitioner, he would lose the benefit of the stay order granted by the authority and the entire confirmed tax demand would become payable to the Department. I note however, that the petitioner had approached this Court through W.P (C) No.10147 of 2019 and this Court had disposed the Writ Petition by Ext.P5 judgment, wherein a direction w ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... th the following directions: i. If the petitioner pays an amount of Rs. 15,00,000/- in lieu of the balance Rs. 8,54,509/- that he was required to pay out of the amounts ordered by the Assessing Authority/Appellate Authority, as condition for the grant of stay of recovery of balance amount confirmed against him by the assessment orders, then the respondents shall promptly, and at any rate within ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... clear that on the respondents appropriating the amount permitted to be appropriated by this judgment, they shall refrain from initiating coercive steps for recovery of any further amounts that were confirmed against the petitioner by the assessment orders for the aforementioned assessment years, till such time as orders are passed by the Appellate Authority in the appeals aforementioned and the sa ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
