TMI Blog2019 (10) TMI 742X X X X Extracts X X X X X X X X Extracts X X X X ..... ncome Tax X X X X Extracts X X X X X X X X Extracts X X X X ..... . 44,38,36,515/- under Section 271E of the IT Act. 2. In the stay applications filed along with the Appeals preferred against the penalty orders the petitioner had sought for a stay of recovery of penalty orders confirmed against him pending disposal of the Appeals by the Appellate Authority. The Appellate Authority considered the said applications and directed the petitioner to remit a total of ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... en effected by the petitioner. 4. I have heard Sri.Arun Raj S., the learned counsel for the petitioner and Sri.Christopher Abraham, the learned Standing Counsel for the respondents. 5. I find that Exts.P11 and P12 orders of the First Appellate Authority have required the petitioner society to pay only Rs. 2.5 crores each as against penalty amounts of Rs. 48 crores and Rs. 44 crores (approximat ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... oner against the orders of penalty are pending, to consider and pass orders in the said Appeals within a period of three months from the date of receipt of a copy of the judgment, after hearing the petitioner. It is also made clear that till such time as the 3rd respondent passes orders in the Appeals and communicates the orders to the petitioner, the stay granted by this Court, against recovery o ..... X X X X Extracts X X X X X X X X Extracts X X X X
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