TaxTMI 
TaxTMI 
2015 (5) TMI 1039
X X X X Extracts X X X X
X X X X Extracts X X X X
.... Vinitta Palyekar, Advocates For the Respondents: Mrs. Asha Desai, Advocate ORAL JUDGMENT: (Per M. S. Sanklecha, J.) Rule. Returnable forthwith. 2. Mrs. Asha Desai, learned counsel for the Respondent/Revenue waives service. 3. At the request of the learned counsel the petition is taken up for final disposal. 4. All these three petitions assail three orders dated 19/12/2014 issued under Se....
X X X X Extracts X X X X
X X X X Extracts X X X X
....idavits which were filed on 24/12/2014 in response of the petitioner's writ petition being Nos.679/2014 and 680/2014 seeking direction that the respondent gave effect to the order of the Tribunal. At that time the respondent/revenue filed an affidavit and assured the Court that effect is being given to the order of the tribunal. However, proceedings for attachment had already commenced and sancti....
X X X X Extracts X X X X
X X X X Extracts X X X X
....e is that the total refund which has to be adjusted for the assessment years 2007-08 to 2009-10 amounts to Rs. 1059504390/-. They are undergoing grave liquidity problems and are therefore in need of the funds which are legitimately due to them today. However, to allay the fears of the Respondent/Revenue being without any security as and when the orders on reassessment proceedings for the assessme....