2018 (5) TMI 157

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.... the Respondent : Mr. A. P. Srinivas ORDER Heard Mr.J.Balachandar, learned counsel for the petitioner and Mr.A.P.Srinivas, learned Senior Standing Counsel for the 1st respondent. In the light of the orders that the court proposes to pass orders, notice to the respondents 2 and 3 are dispensed with. 2. The petitioner is aggrieved by a notice issued by the 1st respondent dated 30.01.2018 di....

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....the file of the Assessing Officer with a direction to re-work the amount of depreciation on the WDV determined in the assessment year 2009-10 after the receipt of the appellate order of CIT (Appeals). 5. The petitioner is in the process of filing a tax case appeal as against the order passed by the ITAT dated 21.01.2015 for the assessment year 2010-11. In the mean time, since the petitioner&#39....

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....ner is in the process of filing an appeal, this court is of the view that a condition can be imposed, so that, interest of the Revenue will be safeguarded and simultaneously, the assessee will also have a partial relief. 8. Thus, considering the above, the writ petition is disposed of by directing the petitioner to pay a sum of Rs. 5,00,000/- towards assessment for the year 2010-11. Since it is....