2014 (2) TMI 478

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....radip Kumar Das: As the issue involved in both these applications is common, they are taken up together for disposal. 2. The applicant filed these applications for waiver of pre-deposit of tax of Rs.1,64,07,755/- imposed under Section 73(1) of the Finance Act, 1994, interest under Section 75 of the said Act and penalties under Section 76, 77 & 78 of the said Act. 3. Heard both sides and p....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....the balance amount of tax of Rs.42,58,347/-along with Rs.4,50,000/-, the total amount of Rs.47,08,347/- (Forty Seven Lakhs Eight Thousand Three Hundred and Forty Seven only) within a period of eight weeks from today. Upon deposit of the same, balance adjudged dues shall remain waived and recovery thereof stayed during the pendency of the appeal. 8. At this stage, the learned counsel submits tha....