Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 150
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 151
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Warning (2): Cannot modify header information - headers already sent by (output started at /home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php:853) [CORE/src/Http/ResponseEmitter.php, line 148]
Warning (2): Cannot modify header information - headers already sent by (output started at /home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php:853) [CORE/src/Http/ResponseEmitter.php, line 181]
LATEST NEWS UPDATES | Defreeze 11 bank accounts of Ramdev’s trust: Delhi HC

Defreeze 11 bank accounts of Ramdev’s trust: Delhi HC

Share this article Share this article
published Published on Feb 12, 2013   modified Modified on Feb 12, 2013
-The Times of India

In a relief to yoga guru Ramdev, the Delhi High Court on Monday ordered de-freezing of 11 bank accounts of Patanjali Yogpeeth Nyas, sealed by the Income Tax department after the Trust allegedly failed to pay the first installment of Rs 75 lakh of the total tax of Rs 34.68 crore.

"We direct the attachment order (of bank accounts) be lifted subject to petitioner (Patanjali Yogpeeth Nyas) paying Rs 2.10 crore (as Income Tax) by March 15," a bench of justices Badar Durrez Ahmed and R V Easwar said.

Disposing of the plea of Patanjali Yogpeeth Nyas, run by Ramdev, the court also directed the Income Tax Commissioner (Appeals) to decide its appeal by March 31.

The direction came on the plea of the Trust filed against a decision of the I-T department to freeze its 11 bank accounts on January 14 after it allegedly failed to pay Rs 75 lakh towards first installment of total tax of Rs 34.68 crore due from it for assessment year 2009-10.

The Trust had also sought a stay on recovery proceedings initiated in pursuance of tax demand notice of Rs 34.68 crore.

Patanjali Yogpeeth claimed in court that its accounts have been attached without prior intimation to the Trust. Moreover, the petitioner is a charitable trust and hence, the tax was not due from it, it argued.

However, the HC refused to stay the recovery proceedings and asked the I-T department to decide the Trust's appeal by March 31. The Trust, in its plea, said it is a charitable organization and hence exempted from income tax.

The Times of India, 12 February, 2013, http://timesofindia.indiatimes.com/india/Defreeze-11-bank-accounts-of-Ramdevs-trust-Delhi-HC/articleshow/18455640.cms


Related Articles

 

Write Comments

Your email address will not be published. Required fields are marked *

*

Video Archives

Archives

share on Facebook
Twitter
RSS
Feedback
Read Later

Contact Form

Please enter security code
      Close