https://www.taxtmi.com/caselaws?id=217304 The Court directed the Commissioner of Income Tax (Appeals) to expedite the decision on the petitioner's appeal, preferably within four months from the date of the order. An interim order had previously restrained both parties from encashing the petitioner's fixed deposits, with a specific instruction for the petitioner not to withdraw more than necessary for regular activities. The Court prohibited the encashment of fixed deposits worth Rs. 20 crores until the appeal decision, allowing the petitioner to utilize the remaining fixed deposits as needed, emphasizing the importance of protecting the Revenue's interests while enabling the petitioner to manage its financial obligations within specified constraints. en-us Fri, 28 Sep 2012 00:00:00 +0530 Tue, 09 Oct 2012 11:42:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=217304 The Court directed the Commissioner of Income Tax (Appeals) to expedite the decision on the petitioner's appeal, preferably within four months from the date of the order. An interim order had previously restrained both parties from encashing the petitioner's fixed deposits, with a specific instruction for the petitioner not to withdraw more than necessary for regular activities. The Court prohibited the encashment of fixed deposits worth Rs. 20 crores until the appeal decision, allowing the petitioner to utilize the remaining fixed deposits as needed, emphasizing the importance of protecting the Revenue's interests while enabling the petitioner to manage its financial obligations within specified constraints. Case-Laws Income Tax Fri, 28 Sep 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=217304