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2020 (6) TMI 179

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...., Mr.Shashwat and Mr.Lakshman, Advocates for petitioner   Respondent Through: Mr.Shlok Chandra and Mr.Ruchir Bhatia, Advocates for respondent O R D E R   1. The hearing has been conducted through video conferencing. CM APPL. 10245/2020 2. The petitioner is seeking extension of time to deposit the balance amount with the Income Tax Department in terms of the undertaking giv....

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....h the Income Tax Department in terms of the order dated 06th September, 2019. 6. Considering the grounds given by the petitioner for delay in depositing the amount and in the peculiar facts and circumstances, the delay in depositing the balance amount by the petitioner with the Income Tax Department is condoned subject to cost of Rs. 5,00,000/- to be deposited by the petitioner with the Mission....