UOI v. Gautam Khaitan (2019) 308 CTR 681 / 178 DTR 105 (SC)

S. 85 : Prosecution-Operation of impugned restraining order of High Court is stayed-Petitioners are free to prosecute respondent and proceed further in accordance with law, subject to the final decision of this matter. [S. 86]

On SLP filed by Revenue against Delhi High Court’s decision Gautam Khaitan  v. UOI  ( 2019)415 ITR 99 (Delhi ) (HC)  restraining the Revenue from taking any / or continuing any action against the Assessee-Respondent, the Supreme Court held that operation of impugned restraining order against the Assessee-Respondent is stayed and the Revenue is free to prosecute Assessee-Respondent and proceed further in accordance with law, subject to final decision in the matter (SLP. No. 4911 of 2019 dt. 21-05-2019)