Ncdex E Markets Ltd Vs Union of India
Date: May 4, 2026
Subject Matter
Amount paid under protest (Tax Collected at Source) should be considered towards the mandatory pre-deposit requirement for filing an appeal
Summary
The interim application is allowed , modifying the previous order to waive the condition for a 10% deposit. This decision acknowledges that the amount paid by the applicant under protest (Tax Collected at Source) during the disputed period should be…
FULL TEXT OF THE JUDGMENT/ORDER OF BOMBAY HIGH COURT 1. By this Interim Application, the Applicant has sought modification of the interim order dated 9 December 2025, to the effect that the condition to make payment of deposit of 10% be waived. 2. By the interim order dated 9 December 2025, which had been passed by the previous Bench, of which one of us (Advait M. Sethna, J.) was a member, this Co…