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% 15.07.2011
Present: Mr. S.K. Sarwal, Advocate for the appellant.
Mr. Mukesh Anand, Advocate for the Revenue.
+CM APPL. 12684/2011
Exemption allowed subject to just exception.
The CM stands disposed of.
CEAC 17/2011 & CM APPL. 12685/2011
As against the tax demand of ? 25 crores and penalty of 25 crores, the appellant is directed to pay a sum of ? 3.5 crores only as pre-deposit. Furthermore, it is not shown that there is any financial hardship in making the said payment.
We do not want to interfere in the discretion exercised by the
Tribunal. However, two weeks' further time is granted to make the payment.
The appeal is accordingly dismissed
July 15, 2011 skb
A.K. SIKRI, J. m.l.mehta; j.
2011:DHC:19893-DB
% 15.07.2011
Present: Mr. S.K. Sarwal, Advocate for the appellant.
Mr. Mukesh Anand, Advocate for the Revenue.
+CM APPL. 12684/2011
Exemption allowed subject to just exception.
The CM stands disposed of.
CEAC 17/2011 & CM APPL. 12685/2011
As against the tax demand of ? 25 crores and penalty of 25 crores, the appellant is directed to pay a sum of ? 3.5 crores only as pre-deposit. Furthermore, it is not shown that there is any financial hardship in making the said payment.
We do not want to interfere in the discretion exercised by the
Tribunal. However, two weeks' further time is granted to make the payment.
The appeal is accordingly dismissed
July 15, 2011 skb
A.K. SIKRI, J. m.l.mehta; j.
2011:DHC:19893-DB
JUDGMENT