AI Drafter - (New and Powerful) 
Generate professional replies, appeals, opinions to Show Cause Notices, assessment orders, audit objections, and other legal communications using TaxTMI's AI Drafter. 
TaxTMI 
TaxTMI 
2018 (12) TMI 1009
X X X X Extracts X X X X
X X X X Extracts X X X X
....; P. Unnikrishnan (Thrissur) For the Respondents : Dr. Thushara James , Government Pleader JUDGMENT Dama Seshadri Naidu J.- 1. The petitioner, a registered dealer under the KVAT Act, faced penalty proceedings, under section 67(1) of the KVAT Act, for the assessment year 2009-2010. In the petitioner's exhibit P2 appeal, the appellate authority issued the exhibit P3 order and it read....
X X X X Extracts X X X X
X X X X Extracts X X X X
....authorities insisted that the petitioner should also submit a solvency certificate for the balance tax. Once again, aggrieved, the petitioner has filed this writ petition. 3. In response to the submissions made by the petitioner's counsel, the Government Pleader contends that, by the time the petitioner invited the exhibit P4 judgment, the condition, as is evident from exhibit P3, very much....
X X X X Extracts X X X X
X X X X Extracts X X X X
....ty only insisted on a simple bond. 5. Heard Sri P. N. D. Namboothiri, the learned counsel for the petitioner and Dr. Thushara James, the learned Government Pleader appearing for the respondents besides perusing the records. 6. Section 55(4) governs the stay in an appeal and also the precondition to be met by the appellant. In fact, sub-section (4) suffered an amendment and had a proviso adde....