9911796707
TMI Blog2015 (5) TMI 1136X X X X Extracts X X X X X X X X Extracts X X X X ..... ,42,20,422. The assessee had already paid ₹ 60 crores out of the said demand. The stay was granted subjected to condition that assessee should pay a further sum of ₹ 9,42,20,422 before 30.11.2014. The stay was granted by the Tribunal considering the merits of the case, balance of convenience and financial position of the assessee. The assessee had complied with the conditions set out i ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... assessee submitted that in compliance with the order of this Tribunal, assessee had effected payment of ₹ 5 crores on 5.11.14 and another sum of ₹ 5 crores on 24.11.14, totalling to ₹ 10 crores. As per ld AR, the case has been posted for hearing on 8.7.2015. However, the stay which was granted on 31.10.2014 expired on 30.4.2015. As per ld. AR, the assessee having complied with t ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... the assessee. The assessee had complied with the conditions set out in the stay by effecting further payment of ₹ 10 lakhs on 25.11.2014. The case has been posted for hearing on 8.7.2015. We are satisfied that there is no delay attributable to the assessee. We therefore grant a further stay for a period of six months w.e.f. 1.5.2015, or till the disposal of the appeal, whichever is earlier. ..... X X X X Extracts X X X X X X X X Extracts X X X X
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