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1 - 10 of 55 (0.03 seconds)Section 119 in The Income Tax Act, 1961 [Entire Act]
The Income Tax Act, 1961
Section 43A in The Income Tax Act, 1961 [Entire Act]
The Companies Act, 1956
Section 143 in The Income Tax Act, 1961 [Entire Act]
Section 119 in The Companies Act, 1956 [Entire Act]
Section 143 in The Companies Act, 1956 [Entire Act]
Section 144 in The Income Tax Act, 1961 [Entire Act]
Assistant Collector Of Central Excise ... vs Dunlop India Ltd. And Ors on 30 November, 1984
More is required. The balance of convenience must be clearly in favour of the making of an interim order and there should not be the slightest indication of a likelihood of prejudice to the public interest. We are very sorry to remark that these considerations have not been borne in mind by the High Court and interim order of this magnitude had been granted for the mere asking." (Emphasis supplied)
The court in that case by an interim order allowed the benefit of exemption to the tune of Rs. 2,93,85,000 for which amount, the company was directed to furnish the bank Guarantee. In an appeal, the L.P.A. Court granted liberty to encash 30 per cent of the bank Guarantee.