Shri Thanushkodi Narayanan v. The Additional Commissioner Of Income Tax

C.M.P. No.6599 of 2024 in T.C.A. No.570 of 2023 R. MAHADEVAN, J.

AND MOHAMMED 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. On 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.

On 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. Today, it is reported that the aforesaid order of this Court has not been complied with by the assessee.

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R. MAHADEVAN, J.

and MOHAMMED SHAFFIQ, J.

cad In 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. [R.M.D., J.] [M.S.Q., J.] 24.04.2024 cad C.M.P. No.6599 of 2024 in T.C.A. No.570 of 2023 https://www.mhc.tn.gov.in/judis