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2015 (4) TMI 249

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....Neeraj Gupta, Onkar Jairath, V.B.Verma, Advocate with B.K. Thakur, Yadvinder Sharma with Avinash Jaryal, Rupinder Singh, Tara Singh Chauhan, N.S. Chandel, Anup Rattan, Nitin Thakur, Hamender Chandel, Seema Sood, Vivek Sharma, Davinder Chauhan Jaita, Ashwani Kaundal with T.S. Rana, R.S. Chandel with D.N.Sharma, D.S. Nainta, Prince Chauhan, R.R.Rahi, Surinder Saklani, Partap Singh Goverdhan with Manoj Verma, Ravinder Singh Jaswal, Kush Sharma, Sanjeev Kumar Suri, Rajeev Sood, Anita Sharma, Ajay Sharma, B.C. Negi, G.S.Rathore, S.D. Gill, Paresh Sharma with Rajiv Rai, Dalip Kumar Sharma, B.S. Thakur with Varun Thakur, Virender Thakur, D.N. Sharma, Aruna Sharma, Naresh Verma, Meena Sharma,Vishal Panwar, C.S. Thakur, Dushyant Dadwal, Rajinder Dog....

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...., Neeraj Gupta, Priyanka Verma, Harish Sharma, Ashish Azad, Shreya Chauhan, Deepak Kaushal, Amar Deep Singh, Ashwani Kaundal, D.S. Kaisth, Rahul Mahajan, Archana Dutt, J.L. Bhardwaj, Anu Tuli Azta, Sneh Negi, S.D. Gill, Atul Jhingan, Shilpa Sood, Parveen Chandel, Vikrant Chandel, Bimal Gupta, Karan Singh Kanwar, C.S. Thakur, Jagdish Thakur, Charanjit Singh, Rupinder Singh, Dalip K. Sharma, Aruna Chauhan, I.D. Bhardwaj, Naresh Sood (Sr. Advocate), Sanjeev Sood, Ramakant Sharma, Devyani Sharma, Shreya Chauhan, S.V. Sharma, Vishwa Bhushan, Sanjeev Bhushan, Vishal Mohan, Sushant Keparate, Rohan Thakur, Tarun K. Sharma, Sh. Ranbir Rathore, G. S. Rathore, Ashish Thakur, Adarsh Sharma, Ajay Vaidya, Shriyek Sharda, Naveen K. Bhardwaj, Manohar Lal S....

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....esh Sharma, Megha Gupta, Suneet Goel, Arvind Sharma, Vikas Raj, Neeraj Maniktala, Seema Maniktala, Rajiv Agnihotri, Ajay Kumar (Senior Advocate), Gautam Sood, Sumit Sood, T K A Padmanabhan, Yogita Dutt Sharma, Avneesh Jhingan, Shanti Swaroop, Surya Deep Thakur, Ravinder Singh Jaswal, Rahul Kashyap, Satpal Chauhan, Advs. For the Respondent : Mr. Shrawan Dogra, Advocate General with Mr. Romesh Verma, Mr. V.S. Chauhan, Additional Advocate Generals, and Mr. J.K. Verma, & Mr. Kush Sharma, Deputy Advocate Generals, with Mr. R.N. Sharma, Advocate. M/s R.L.Sood, Sr. Advocate with Arjun Lall, Advocate, Janesh Gupta, and and Ratish Sharma, Advocates JUDGEMENT Per: Mansoor Ahmad Mir: The learned counsel for the parties stated at the Bar that the ....

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....td. & ors, the Supreme Court has passed an interim order on 3.2.2010 to the effect that the assessee will pay 1/3rd of the liability as assessed under the Act. There will hence be an interim order that the petitioner need pay only 1/3rd of the assessed amount for the time being. As far as the balance 2/3rd is concerned, the assessee will furnish security. It is made clear that the amount, thus paid by the assessee, shall be treated as deposit and not as tax till the final disposal of the matter. It is also made clear that in the event of the State losing its case, it shall be liable to refund the amount with interest to be fixed at the time of final hearing. Equally, in case the assessee loses its case in the High Court, it shall be liable ....