Andhra Pradesh - Hyderabad   

Collection of taxes from 69 firms stayed

HYDERABAD: A Division Bench of the High Court comprising Justice G. Raghuram and Justice Ramesh Ranganathan on Thursday stayed the collection of taxes from 69 companies allegedly having connections with Ramalinga Raju of Satyam Computers on the condition that they pay half the amount demanded.

The bench was dealing with writ petitions filed by these companies. The IT authorities reopened assessments for the periods 2002-2003 on the basis of confessions by Ramalinga Raju.

Printer friendly page  
Send this article to Friends by E-Mail

Stories in this Section

Path Care launches ‘Cord Care’
Union issue: CPI writes to Rosaiah
Court orders release of prisoners
SCR to run specials to clear rush in Feb., March
DGP post at centre-stage again
State banks on greater market borrowings
Decision on Inter exam date today?
Arogyasri: modalities for surgeries revised
Suresh Chandra shifted to Commercial taxes
State urged to defer power tariff hike
Chidambaram’s statement makes no impact in OU
HC’s directive on brick kilns
Team sets out on power hang-gliding expedition
‘Heli tourism’ for the adventurous
Good show by NGC cadets
Wedding bells for Junior NTR
Invaluable ‘service’ indeed
Soot particles found in Venguopal Reddy’s lungs
Metro rail: clarifications sought from bidders
Meeting on nala works
A guiding light for the visually impaired
Collection of taxes from 69 firms stayed
Ex-SAAP official convicted
Chidambaram statement an eyewash: Dattatreya
‘Education key to India-UK ties’
Manna da mesmerises people
1.06 lakh recovered from south zone RTA office
Two Nigerians held at RGIA
Funeral procession violence: 6 held
314.26 cr. sanctioned for Rajendranagar
Hyderabad today

Copyright © 2010, The Hindu. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu