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2020 (7) TMI 132

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..... ndent] order was passed reducing the amount to 15% of the disputed demand - HELD THAT:- Petitioner is ready to pay an amount of ₹ 25,00,000/- [Rupees Twenty Five lakhs only] as against the demand in Ext.P6 order pending disposal of the appeals by the Appellate Authority. Taking note of the peculiar situation that existed during the pandemic period when the petitioner s business has come u .....

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..... For the Respondents : Sri.Jose Joseph, SC, Income Tax Department Adv.Sri.Navneeth N. Nath JUDGMENT A.K. JAYASANKARAN NAMBIAR, J. Against Ext.P1 series of assessment orders under the Income Tax Act, the petitioner has preferred Ext.P2 series of appeals before the 3rd respondent. In the meanwhile, the petitioner had approached the Assessing Authority with petitions under Sectio .....

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..... cted by Sri.Navneeth N. Nath, the learned counsel for the respondents. 3. On a consideration of the facts and circumstances of the case as also the submissions made across the Bar, we find that the petitioner is ready to pay an amount of ₹ 25,00,000/- [Rupees Twenty Five lakhs only] as against the demand in Ext.P6 order pending disposal of the appeals by the Appellate Authority. Taking .....

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