Mumbai: The Bombay High Court on Thursday stayed an unchanted guard published against G M Singh and other directors of two car companies by the court of last month after confirming their 2019 confidence and penalties because they did not deposit TDS with the law.
The sentence worn by the judge and confirmed by the court session was a fine of each RS 5,000 each at the company and a tight three-month prison in Singh Directors and his wife Parveen Nindrajog, both of them in the 70s and “Genting Health”.
Ichibaan Automobiles Pvt Ltd and GMS Motors Pvt Ltd together with GM Singh a Director in both companies and Director of Nindrajog in applying for a separate criminal revision before HC this month against their beliefs and punishment.
The court session had issued NBWS against the Directors who were not present in December.
16 When his assessment, rare confidence in the TDS case, passed.
Justice Revati Mohite Dere on January 6 issued notification to the Income Department and posted this issue to January 20 and remain NBW and companies in the application.
Before HC through their lawyers Sujay Pasawala and Ashish Chavan especially argue that they have deposited the entire TDS amount with the interests of punishment even before the Issan CE of Show causes notifications, and this fact has been ignored by both courts together and they also say sanctions to demand them given without applications The mind by Commissioner of IT when their request settled.
They have paid TDS later with interests, voluntarily and the default is not intentional, due to financial difficulties, “reasonable causes” and do not cause losses to the government.
The case of the IT department was articulated before the court session through a special prosecutor through Amit Munde has been that because acting clearly requires TDS to be stored in the government treasury on the 7th of next month and the defendant cannot be requested by legal ignorance and prosecuted properly.
Munde also said the application submission to resolve disputes or contributions did not free up any obligation not to ban the department from starting legal proceedings.
The company believes that they have reduced RS 7.5 lakh tax in March 2010 in the case of Ichiban and Rs 42 Lakh in the case of the GMS, but was demanded against because it did not resign to central government loans in legal deadlines, but allegations against them “unclear” .
TDS CASE: HC Stays NBW against two
