2008 (8) TMI 87

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..... llant. S.R. Prasad for the Respondent. ORDER [Order per B.S.V. Murthy, Member (T)]. - The appellants are engaged in the business of constructions mainly for Gujarat Water Supply and Sewerage Board (GWSSB) and majority of the construction are for water distribution pipelines network, water treatment plants etc. After the amendment of Finance Act, 1994 on 16-6-2005 construction of long distance p .....

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..... inal profit in the previous year. He also submits that they have a strong case on merits. 4. Having regard to the facts and circumstances and the arguments advanced by the party, we order the appellants to deposit an amount of Rs. 25 lakhs (Rupees twenty five lakhs only) within eight weeks and report compliance on 7-10-2008. Subject to pre-deposit of the amount as mentioned above and reporting co .....

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