https://www.taxtmi.com/caselaws?id=456967 The HC modified the initial stay order, allowing the appellant to pay Rs. 40 lakhs in two installments instead of the original 20% demand. The first installment was due by a specified date, and the second a month later. Elgi Rubber Co. Ltd. was designated to make the payment on behalf of the appellant. The writ appeal was disposed of without costs, and any default in payment would permit further legal action by the respondent authorities. Connected miscellaneous petitions were closed. en-us Fri, 22 Sep 2023 00:00:00 +0530 Wed, 28 Aug 2024 12:41:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=456967 The HC modified the initial stay order, allowing the appellant to pay Rs. 40 lakhs in two installments instead of the original 20% demand. The first installment was due by a specified date, and the second a month later. Elgi Rubber Co. Ltd. was designated to make the payment on behalf of the appellant. The writ appeal was disposed of without costs, and any default in payment would permit further legal action by the respondent authorities. Connected miscellaneous petitions were closed. Case-Laws Income Tax Fri, 22 Sep 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=456967