Division Bench of the High Court held that Pursuant to two orders passed by writ Courts, assessee had deposited 30 per cent of demand and had furnished bank guarantee to extent of 45 per cent of demand. Since interest of revenue stood adequately safeguarded, revenue was not justified in increasing tax demand to 55 per cent of dues . (WP No. 5193 of 2017 dt. 7-03-2018) (AY. 2012-13)
CIT v. Google India (P.) Ltd. (2018) 254 Taxman 410 /164 DTR 278/ 302 CTR 282 (Karn.)(HC)
S. 220 : Collection and recovery – Assessee deemed in default – Pursuant to two orders passed by writ Courts, assessee had deposited 30 per cent of demand and had furnished bank guarantee to extent of 45 per cent of demand. Since interest of revenue stood adequately safeguarded, revenue was not justified in increasing tax demand to 55 per cent of dues .