Case LawHigh Court › Cmp/6599/2024 Of Shri Thanushkodi Naraya...

Cmp/6599/2024 Of Shri Thanushkodi Narayanan v. The Additional Commissioner Of Income Tax

High Court 24 Apr 2024 In favour of: Revenue
Forum / Bench
High Court · hc_cis_mas
Parties
Cmp/6599/2024 Of Shri Thanushkodi Narayanan v. The Additional Commissioner Of Income Tax
Date of order
24 Apr 2024
Assessment year(s)
Outcome
Dismissed

Case summary

In Cmp/6599/2024 Of Shri Thanushkodi Narayanan v. The Additional Commissioner Of Income Tax, the High Court (2024) dismissed the appeal. The decision went in favour of the Revenue.

Summary auto-generated from the order below — read the full judgment for the complete reasoning.

The order — as passed by the High Court

C.M.P. No.6599 of 2024 inT.C.A. No.570 of 2023 R. MAHADEVAN, J.ANDMOHAMMED SHAFFIQ, J. (Order of the Court was made by R.Mahadevan, J.) This C.M.P. has been filed seeking to modify the order dated 06.03.2024 passed in T.C.A. No.570 of 2023 and C.M.P. No.29073 of 2023. 2On 05.01.2024, this Court directed the authorities to maintain status quo and on 07.02.2024, the status quo order granted on 05.01.2024 was extended till 06.03.2024. 3On 06.03.2024, finding that according to the learned Standing Counsel for the Department, the total tax demand is around Rs.125 crores, whereas, according to the learned counsel for the assessee, the total tax demand was around Rs.70 crores, this Court modified the status quo order on condition that the assessee pays Rs.5 crores towards the tax demand on or before 19.03.2024. In the said order, it was further observed that in default, it is open to the Department to proceed further. 4Today, it is reported that the aforesaid order of this Court has not been complied with by the assessee. R. MAHADEVAN, J.and MOHAMMED SHAFFIQ, J.cad 5In view of the above, this Court is not inclined to modify the order dated 06.03.2024. Accordingly, this C.M.P. stands dismissed. It is open to the Department to proceed further in the manner known to law. Post the tax case appeal for hearing on 20.06.2024. cad [R.M.D., J.] [M.S.Q., J.]24.04.2024 C.M.P. No.6599 of 2024 inT.C.A. No.570 of 2023
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