2015 (6) TMI 327

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....klecha, JJ. For the Appellant : Mr R G Ramani, Adv. For the Respondent : Mr Asha Desai, Adv. JUDGMENT (Per M S Sanklecha,J. ) Rule. Returnable forthwith. Ms. Desai, learned Counsel for the Revenue waives service. At the request of the Counsel, the Petition is taken up for final disposal. 2. This Petition challenges the Order dated 19.12.2014 issued under Section 281-B of the I....

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....tions, states that she has no objection to the above arrangements. 5. In view of the above, on the Petitioners furnishing a Bank Guarantee of a Nationalised Bank for an amount of Rs. 28,79,81,050 to the satisfaction of the Commissioner of Income Tax, the Respondent would vacate the attachment of the refund of Rs. 28,79,81,050 done under Section 281-B of the Act. It is made clear that the Petiti....