HC : Stays recovery proceedings against brick manufacturer subject to 50% deposit & furnishing security
Allahabad HC stays recovery proceedings against a brick manufacturer directing the petitioner to deposit 50% of disputed amount of tax and furnish security for the balance amount; Notes submission of the petitioner that it is engaged in the activity of running a brick klin and that entire production of bricks had been treated to be of first quality bricks which is erroneous; Further, notes that since the remedy of appeal was held to be non-existant, assessee preferred writ pe...