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    <title>2015 (4) TMI 997 - KARNATAKA HIGH COURT</title>
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    <description>The High Court set aside the Tribunal&#039;s imposition of a Rs. 40.00 lakhs deposit condition before remanding the matter, emphasizing the need for judicious exercise of such powers. The Court ruled that while the Tribunal may have the authority to impose deposit conditions under specific circumstances, it must be done with valid reasons, which were lacking in this case. Consequently, the Court allowed the appeal and directed the Adjudicating Authority to reconsider the matter without requiring the deposit.</description>
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    <pubDate>Thu, 26 Feb 2015 00:00:00 +0530</pubDate>
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      <title>2015 (4) TMI 997 - KARNATAKA HIGH COURT</title>
      <link>https://www.taxtmi.com/caselaws?id=259116</link>
      <description>The High Court set aside the Tribunal&#039;s imposition of a Rs. 40.00 lakhs deposit condition before remanding the matter, emphasizing the need for judicious exercise of such powers. The Court ruled that while the Tribunal may have the authority to impose deposit conditions under specific circumstances, it must be done with valid reasons, which were lacking in this case. Consequently, the Court allowed the appeal and directed the Adjudicating Authority to reconsider the matter without requiring the deposit.</description>
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      <pubDate>Thu, 26 Feb 2015 00:00:00 +0530</pubDate>
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