Prothious Engineering Services P Ltd v. Dy. Commissioner Of Income Tax 10(3)(2) & Ors

IN THE HIGH COURT OF JUDICATURE AT BOMBAYO.O.C.J. WRIT PETITION (L) NO. 904 OF 2019 Prothious Engineering Services P Ltd..Petitioner Versus Dy. Commissioner of Income Tax 10(3)(2) & Ors...Respondents ................... Mr. Jehangir Mistri, Sr. Counsel a/w Mr. Abhishek Tilak for thePetitioner Mr. Jehangir Mistri, Sr. Counsel a/w Mr. Abhishek Tilak for thePetitioner Mr. Akhileshwar Sharma for the RespondentsMr. Akhileshwar Sharma for the Respondents ................... CORAM : AKIL KURESHI & SARANG V. KOTWAL, JJ. DATE : APRIL 4, 2019. P.C.: 1.Learned counsel for the petitioner has placed on recordan order dated 29.3.2019 passed by the Income TaxAppellate Tribunal, Mumbai granting interim protection to thepetitioner against recoveries in relation to assessment years2013-14 and 2014-15 subject to certain conditions. Theorder is taken on record and marked “X” for identification. 2.In view of the said order passed by the Tribunal, nofurther directions are need except for clarifying that therequirement for the petitioner to maintain a minimum balance as envisaged in our order dated 22.3.2019, in so faras the present petition is concerned, is lifted. The petitioner,of course, would comply with the conditions imposed by theTribunal for enjoying the stay. 3.With these observations, the petition is disposed of. [ SARANG V. KOTWAL, J. ] [ AKIL KURESHI, J ]