2011 (4) TMI 24 - HC - Income Tax

Court Orders Payment Plan for Arrears of Income Tax

A Abdul Shafeer Versus The Deputy Commissioner of Income Tax

A Abdul Shafeer Versus The Deputy Commissioner of Income Tax - TMI Issues: Arrears of income tax payment, installment plan for paymentArrears of Income Tax Payment:The judgment addresses the issue of arrears of income tax payment by the petitioner to the first respondent. The petitioner had already paid Rs.1 lakh out of the total amount due, which was Rs.6,46,410. The counsel for the first respondent requested the court to direct the petitioner to pay another Rs.1 lakh within 15 days and the remaining balance of Rs.4,46,410 in four equal monthly installments. The court accepted this request and directed the petitioner to make the payment as specified. It was ordered that upon payment of the initial Rs.1 lakh, the attachment of the petitioner's bank accounts in respondent banks would be lifted. Failure to comply with the installment plan could result in the first respondent taking legal action against the petitioner.Installment Plan for Payment:The judgment outlines a specific installment plan for the payment of the arrears of income tax by the petitioner. The petitioner was directed to pay Rs.1 lakh within 15 days from the judgment date and the remaining Rs.4,46,410 in four equal monthly installments, with each installment due on or before the 15th of every succeeding month. The court emphasized that failure to adhere to this payment schedule would empower the first respondent to take appropriate legal action against the petitioner. The judgment concluded by ordering the writ petitions in accordance with the specified payment terms, with no additional costs incurred and closing all connected miscellaneous petitions.---