High Court of Judicature at Allahabad
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M/S Suresh Medicine And Surgical Centre, Agra v. Commissioner Of Trade Tax, U.P. Lucknow - SALES/TRADE TAX REVISION No. 186 of 2007  RD-AH 6222 (5 April 2007)
Hon'ble Rajes Kumar, J
The disputed amount of penalty is Rs.2,76,200/- out of which a sum of Rs. 2,07,150/-which was realized towards security has been adjusted and, therefore, the demand of Rs.69,050/- was raised by the assessing authority. Tribunal has confirmed the penalty at Rs.2,76,200/-.
List for hearing after six weeks.
Meanwhile, the realization of the disputed amount of penalty to the extent of Rs. 69,050/- relating to the assessment year 2005-2006, under section 15-A (1) (o) of the U.P. Trade Tax Act, shall remain stayed provided the applicant deposits half of the amount in cash within one month and furnishes security for the balance amount in the form other than cash or bank guarantee within the same period. In case of default, interim order shall stand vacated.
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