2016 (10) TMI 1095

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....rvice Tax<br>S.C. Dharmadhikari and B.P. Colabawalla, JJ. Ms. Shoma Maitra i/b M/s. Wadia Ghandy and Co., S/Shri Darius Khambata, Sr. Counsel a/w Nikhil Sakhardande, Aditya Mehta, Adip Iyer, Ms. Priyanka Shetty i/b M/s. AZB and Partners, Pradeep S. Jetly a/w Jitendra B. Mishra, Sanjay Suraneni i/b M/s. Bacchubhai Munim and Co., for the appearing parties. ORDER P.C. : These proceedings are....

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....s and the draft manual reads. Equally reliance is placed on a Circular No. 11 of 2012. 4.&emsp;After all this, we put it to Mr. Khambata, learned Senior Counsel appearing for respondent No. 3 as to whether respondent No. 3 wishes to have a ruling on this affidavit and the contents thereof so also the request made by 3rd respondent or whether it is agreeable to a practicable solution to this iss....

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....laced for consideration of the nominated agency. For that Mr. Khambata would submit that it would be necessary for respondent No. 1 to disclose to the 3rd respondent the contents of the valuation report and valuation of the subject aircrafts. It is only when the valuation or reserve price fixed on that basis is known earlier and in advance that something fruitful will come out in the sense then bi....