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SC Quashes Additional Deposit Requirement in Tax Evasion Case

Case Law Details

Case Name
Sambhu Prasad Agarwal Vs State of West Bengal & Anr. (Supreme Court of India)
Date of Judgement/Order
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Sambhu Prasad Agarwal Vs State of West Bengal & Anr. (Supreme Court of India) Introduction: The Supreme Court, in the case of Sambhu Prasad Agarwal vs. State of West Bengal & Anr., granted leave to address the imposition of an additional deposit as a condition for continuing the stay in the matter. The appellant had already deposited a substantial sum, but the High Court mandated an extra amount of Rs.1,00,00,000/- for the continuation of the stay. Detailed Analysis: The order reveals that the total outstanding dues amounted to Rs.3,47,00,000/-. The appellant had already submitted Rs.2...
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Author Info

CA Sandeep Kanoi
Qualification: CA in Job / Business
Company: Taxguru Consultancy
Location: Mumbai, Maharashtra
Articles Published: 17,290

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