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TMI Blog2019 (1) TMI 1264X X X X Extracts X X X X X X X X Extracts X X X X ..... hichever is earlier. As the hearing in the matter is already scheduled for 11.03.2019. The ld AR has given an undertaking that he shall not seek any adjournment in the matter and where any adjournment is sought without showing reasonable cause to the satisfaction of the Bench, the stay so granted shall stand vacated. The assessee shall submit the necessary challan in proof of payment of the ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... t the Assessing Officer has not accepted the explanation of the assessee regarding the source of cash deposit in her bank account. It was submitted that the assessee has sold a piece of agricultural land for a sum of ₹ 32,62,500/- which was received in cash and which was deposited in her bank account. In support, the assessee submitted a copy of agreement of sale executed on 23.01.2014 and e ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... the stay petition and submitted that the assessee may be directed to pay balance demand in suitable installments within a specified time frame. 4. Heard both the parties and noted the fact that out of total demand of ₹ 9,12,647, the assessee has already deposited a sum of ₹ 2,18,580/-. The assessee is hereby directed to deposit a further sum of ₹ 1 lacs on or before 31.01.2019 ..... X X X X Extracts X X X X X X X X Extracts X X X X
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