2025 (9) TMI 1207

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....Honourable Mr. Justice G.R. Swaminathan For the Petitioner : Mr. S. Renganathan For the Respondents : Mr. R. Sureshkumar, Addl. Government Pleader ORDER Heard both sides. 2.The petitioner is a quarry operator. The petitioner accepts that they have to pay tax on royalty charges remitted by them. However, by the impugned assessment order, the first respondent has levied interest and p....

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....(supra) the demand of tax shall not operate on transactions made prior to 1 April 2005; b. The time for payment of the demand of tax shall be staggered in instalments over a period of twelve years commencing from 1 April 2026; c. The levy of interest and penalty on demands made for the period before 25 July 2024 shall stand waived for all the assesses." 4.Prima facie, it appea....