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Supreme Court - Daily Orders

M/S Canara Housing Development Company vs Commissioner Of Income Tax on 28 November, 2016

Bench: Madan B. Lokur, Adarsh Kumar Goel

  ITEM NO.10                                 COURT NO.6                 SECTION IIIA

                                  S U P R E M E C O U R T O F       I N D I A
                                          RECORD OF PROCEEDINGS

                                       Civil Appeal No(s).924/2016

  M/S CANARA HOUSING DEVELOPMENT COMPANY                                   Appellant(s)

                                                    VERSUS

  COMMISSIONER OF INCOME TAX AND ANR                                       Respondent(s)
  (for prayer for interim relief and                      office report)

  Date : 28/11/2016 This appeal was called on for hearing today.

  CORAM :                   HON'BLE MR. JUSTICE MADAN B. LOKUR
                            HON'BLE MR. JUSTICE ADARSH KUMAR GOEL

  For Appellant(s)                    Mr. Arvind P. Datar, Sr. Adv.
                                      Mr. Manjunath Meled, Adv.
                                      Mr. Sudheer, Adv.
                                      Vijayalaxmi Udapudi, Adv.
                                      Mr. Anil Kumar, AOR

  For Respondent(s)                   Mr. N.K. Kaul, ASG
                                      Mr. Sanyat Lodha, Adv.
                                      Ms. Hansa Kaul, Adv.
                                      Mr. Anirudh P. Mayee, Adv.
                                      Mr. B.K. Prasad, Adv.
                                      Mrs. Anil Katiyar, AOR

                          UPON hearing the counsel the Court made the following
                                                 O R D E R

Leave has already been granted.

Learned counsel for the appellant says that the tax due has already been paid. Out of a penalty amount of Rs.14 crores, an amount of Rs.1.6 crores has already been recovered from the appellant.

There shall be a stay of further recovery of penalty Signature Not Verified Digitally signed by till the disposal of the appeal.

SANJAY KUMAR
Date: 2016.11.28
17:07:07 IST
Reason:




                          (SANJAY KUMAR-I)                          (JASWINDER KAUR)
                             AR-CUM-PS                                COURT MASTER