New Delhi, Feb 4 (IANS) A court here Wednesday reserved its order on a plea by Dabur India promoter Pradip Burman seeking stay on the proceedings in two alleged tax evasion cases in which he has been made an accused.
Additional Chief Metropolitan Magistrate Devendra Kumar Sharma reserved the order on Burman's plea till Feb 19.
In his plea, Burman said he has filed an appeal with the Income Tax Appellate Tribunal against the assessment orders passed by the income tax office and till the pendency of the appeal, the proceedings of these two cases be stayed.
Opposing his plea, income tax department counsel Brijesh Garg said the application was not maintainable and the appeal by Burman against the assessment orders had no bearing on the two cases.
A case was registered against Burman under the Income Tax Act for offences related to concealment of income and tax evasion.
According to the income tax department's complaint, Burman held foreign bank accounts but did not disclose them in his income tax returns and there were undisclosed deposits in the accounts.
Burman, who also figures in the list given by the central government to the Supreme Court in the black money issue, is out on bail.
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