https://www.taxtmi.com/caselaws?id=166295 The High Court of Bombay upheld the Sales Tax Tribunal's decision to require a petitioner to deposit &8377;9 lacs for two remaining assessment years despite a refund claim of &8377;27.74 lacs for one year. The Court found the deposit directive reasonable and not arbitrary, deferring the petitioner's set-off claim under sections 48(2) and 48(5) for consideration during the appeal process. The Court extended the deposit deadline by three weeks but did not alter the Tribunal's decision, emphasizing the need for further examination of the set-off entitlement during the appeal proceedings. en-us Mon, 10 Oct 2011 00:00:00 +0530 Wed, 17 Sep 2014 16:07:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=166295 The High Court of Bombay upheld the Sales Tax Tribunal's decision to require a petitioner to deposit &8377;9 lacs for two remaining assessment years despite a refund claim of &8377;27.74 lacs for one year. The Court found the deposit directive reasonable and not arbitrary, deferring the petitioner's set-off claim under sections 48(2) and 48(5) for consideration during the appeal process. The Court extended the deposit deadline by three weeks but did not alter the Tribunal's decision, emphasizing the need for further examination of the set-off entitlement during the appeal proceedings. Case-Laws VAT and Sales Tax Mon, 10 Oct 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=166295