2000 (4) TMI 27

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....J.---Rule. The learned advocate Shri M. R. Bhatt waives service of rule for the respondent. At the request of the learned advocates, and looking to the facts of the case, the petition is finally heard today. We have heard the learned advocate, Shri Puj, appearing for the petitioner, and the learned advocate, Shri B. B. Naik along with the learned advocate Shri M. R. Bhatt, for the respondent. ....

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.... 7,04,567 was payable by the petitioner to the income-tax authorities and till the said amount was paid, the petitioner would not be given the requisite certificate. At the time of hearing of this petition, the learned advocate, Shri Puj, has submitted that the petitioner is filing an affidavit giving an assurance to this court that another property belonging to the petitioner, which is worth R....

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....hority. The learned advocate, Shri Naik, could not raise any objection in view of the fact that the Department was fully secured as the value of the property, which is not to be disposed of during pendency of the appeals, is approximately Rs. 65 lakhs whereas the amount of tax demanded by the Department from the assessee is less than the said amount. Looking to the fact that satisfactory provis....