Relief to CCTEB India: Delhi HC Releases Provisionally Attached Rs 42 Crores Available as Fixed Deposit [Read Order]

CCTEB - CCTEB India - Relief to CCTEB India - Delhi HC - Delhi HC Releases Provisionally Attached Rs 42 Crores - taxscan

In a major relief to CCTEB India Private Limited, the Delhi High Court released provisionally attached Rs 42 crores available as Fixed Deposit. The Counsel for the petitioner submitted that pursuant to the order of the Principal Commissioner of Income Tax [“PCIT”], the petitioner is now called upon to pay Rs.35,42,16,461/-. It was submitted by…

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