2018 (2) TMI 1470

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..... and looking to the fact that the appeal itself is coming up for final hearing after its pre-ponement of date on 09.04.2018 itself, and on which date it is expected that the learned Tribunal will take up the said appeal for final hearing and decide the said appeal, it is considered just and proper in the facts and circumstances, for the limited period, to direct the petitioner-assessee to further .....

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..... pplication filed by the petitioner-assessee for the Assessment year 2015-16 in its pending appeal against the order passed by the first appellate authority viz., Commissioner of Income Tax (Appeals). 3. The operative portion of the said order passed by the learned tribunal is quoted below for ready reference. In the present case also, drawing support from the decision of the Hon ble jurisd .....

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..... raised by the learned counsel for the petitioner on merits of the case itself for assailing the impugned interlocutory order. However, this court would not express any opinion on the merit or otherwise of the contentions raised at bar by the learned counsel for the petitioner in this regard, since, the regular appeal filed by the assessee-petitioner is pending before the learned Tribunal itself an .....

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..... tion filed before the learned Tribunal and submitted before the Court that the Assessing Authority raised a net demand of ₹ 136.99 Crores against the assessee for the assessment year 2015-16, which was reduced to ₹ 109.52 Crores by the First Appellate Authority viz., CIT (Appeals) and against the said demand a sum of ₹ 25.66 Crores has already been paid by the petitioner-Company .....

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..... to undertake before the Tribunal that they will not seek any adjournment of hearing of the said appeal on the date fixed by the Tribunal on 09.04.2018. The Revenue is also directed to cooperate in the matter and argue the said appeal before the learned Tribunal on the given date. 7. It is expected that the learned Tribunal shall decide the appeal not later than three months from today. 8. Th .....

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