2023 (7) TMI 1212

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....itioner company had been wound up by orders in C.P.No.68 of 1985. The official liquidator had been appointed to take charge of the affairs of the company and as a result any legal proceeding initiated without impleading the official liquidator was non-est in the eye of law. Meanwhile, the respondent had passed an assessment order on 07.10.2022 demanding payment of Rs. 1,33,45,480/- under Section 143(1)(a) of the Income Tax Act, 1961, (herein after referred to as Act) for the assessment year 2021-2022, which is payable on or before 14.10.2022. 3. The petitioner, who was not in a position to repay this huge amount, had sent a representation dated 20.12.2022 requesting the respondent to permit him to pay the said sum in easy installments. In ....

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.... the respondent would submit that the respondent has already considered the request of the petitioner for payment in installments and had also granted the said installments and the respondent cannot once again grant further schedule of payment. However, without prejudice to their contentions, he has submitted a calculation sheet as detailed herein below:- Particulars Amount Interest u/s 220(2) Tax payable as per intimation u/s 143(1) dated 13.06.2022 13345480       Less: Tax paid on 11.10.2022 150000 7/2022 to 10/2022=4M on Rs. 13345480/- @ 1%     533819 Balance Tax Payable 13195480       Less: Tax paid on 20.01.2020 & 31.01.2023 3183690 11/2022 to 1/2023=3M on Rs.13195480/- @ 1% ....