HC balances equities, grants partial respite to Google over stay plea, bank a/c attachment

Nov 28,2017

Karnataka HC disposes off writ petition filed by Google India, directs tech giant to maintain in its bank account 20% of the total tax demand for AY 2013-14 (Rs. 129 Cr.) ; ITAT had in 2013-14, granted interim relief/ stay to the tune of Rs. 59 Cr. and had directed Google to deposit  55% of the total demand which it duly did; After the co-ordinate bench ruling against Google on the adwords issue ( covering AYs 2007-08 to 2012-13 ), ITAT refused to extend the ...

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