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2014 (6) TMI 374
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....ndent : Vijayashankar and M.V. Seshachala. JUDGMENT:- PER : Dilip B. Bhosale, J. All these appeals are directed against the order dated 20.03.2014 passed by learned Single Judge disposing of W.P.Nos.13210-214/2014 and W.P.Nos.13564-568/2014. The writ petitions were directed against the order dated 06.03.2014 passed by the Income Tax Appellate Tribunal, Bangalore Bench 'B' (for sho....
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....posit a sum of Rs. 75 crores with the Assessing Officer and shall also furnish a Bank Guarantee of any Nationalised Bank/Scheduled Bank for the difference of amount i.e., Rs. 257,57,53,136 - Rs. 75,00,00,000 within a period of four weeks. The appellant shall keep the Bank Guarantee alive till disposal of the appeals (ITA Nos.449-453/2013) by the Tribunal, and for a period of 120 days as contemplat....
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....e Bank Guarantee alive, shall, be subject to the order that will be passed in the appeal to be filed under Section 260A of the Act. (iv) The Tribunal shall decide the appeals (ITA Nos.449-453/2013) on merits in accordance with law and uninfluenced by the observations made in the order dated 20.03.2014 passed by the learned single Judge in the aforementioned writ petitio....