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2011 DIGILAW 1253 (MAD)

Enkem Engineers Private Limited v. Commissioner Of Income Tax-I Chennai

2011-03-07

M.JAICHANDREN

body2011
Judgment :- 1. At this stage of the hearing of the writ petition, the learned counsel appearing for the petitioner had submitted that the petitioner had filed an appeal, before the Commissioner of Income Tax (Appeals), against the assessment order of the second respondent, dated 22.12.2010. 2. The appellate authority had granted stay of the interest component of the demand, till the disposal of the appeal. However, the petitioner had been directed to pay Rs.20,00,000/- (Rupees Twenty Lakhs), out of the unstayed portion of the demand of Rs.50,37,981/-, on or before 28.2.2011 and the entire amount, on or before 25.3.2011. 3. The learned counsel had further submitted that the petitioner would pay Rs.15,00,000/- (Rupees Fifteen lakhs) to the second respondent, within a period of two weeks from today. On such payment being made, there shall be an order of stay of the impugned order of the second respondent, dated 23.2.2011. The appellate authority is expected to dispose of the appeal, on merits and in accordance with law, within a period of six weeks from the date of receipt of a copy of this order. The writ petition stands disposed of accordingly. No costs. Connected M.P.No.1 of 2011 is closed.