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TMI Blog2017 (3) TMI 1296X X X X Extracts X X X X X X X X Extracts X X X X ..... to furnish a personal bond for the balance disputed tax and penalty as against a bank guarantee sought for by the respondents - Held that: - the impugned order is modified to the extent that instead of a bank guarantee, the petitioner would furnish a personal bond for the balance amount of disputed tax and the entire penalty amount, within two (2) weeks from the date of receipt of a copy of the or ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... #8377; 10,75,641/-, claimed by the Revenue for the purpose of consideration of the appeal, the instant Writ Petition has been preferred. 4. To be noted, the appeal is pending before respondent No.1 and pertains to the Assessment Year 2015-2016. 5. Counsel for the petitioner says that uptill now 50% of the disputed tax has already been paid. The counsel further says that the petitioner is wil ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nt of disputed tax and the entire penalty amount, within two (2) weeks from the date of receipt of a copy of the order. Upon such personal bond being furnished, there shall be a stay qua the Order-in-Original dated 30.05.2016, pending consideration of the appeal preferred before the first respondent. 9. The Writ Petition is disposed of in terms of the aforesaid directions. There shall, however, ..... X X X X Extracts X X X X X X X X Extracts X X X X
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