2019 (10) TMI 742

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....come Tax<br>JUSTICE A. K. JAYASANKARAN NAMBIAR For The Petitioner : ADVS. SRI. S. ARUN RAJ, SMT. C. T. SUJA AND SRI. ARJUN S. RAJ For The Respondents : SRI. CHRISTOPHER ABRAHAM, INCOME TAX DEPARTMENT JUDGMENT The challenge in this Writ Petition is against Exts.P11 and P12 orders passed by the 3rd respondent First Appellate Authority in stay applications filed by the petitioner along with Appe....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... 44,38,36,515/- under Section 271E of the IT Act. 2. In the stay applications filed along with the Appeals preferred against the penalty orders the petitioner had sought for a stay of recovery of penalty orders confirmed against him pending disposal of the Appeals by the Appellate Authority. The Appellate Authority considered the said applications and directed the petitioner to remit a total of ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....n effected by the petitioner. 4. I have heard Sri.Arun Raj S., the learned counsel for the petitioner and Sri.Christopher Abraham, the learned Standing Counsel for the respondents. 5. I find that Exts.P11 and P12 orders of the First Appellate Authority have required the petitioner society to pay only Rs. 2.5 crores each as against penalty amounts of Rs. 48 crores and Rs. 44 crores (approximate....