TMI Blog2019 (3) TMI 909X X X X Extracts X X X X X X X X Extracts X X X X ..... rly hearing as 35% of total demand is already paid by the assessee company. Therefore, we grant stay for a period of six months (180 days) or till the disposal of appeal whichever is earlier. We would also like to make it clear that on the fixed date of hearing of the appeal, the assessee will not seek any adjournment for any reason. If any adjournment is sought by the assessee, the Stay granted w ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e Act. Similar expenses incurred by the assessee have held to be incurred as business expenditure and allowable as per the various decisions of the Tribunal and Hon ble Apex Court. It was prayed that the assessee be granted complete stay of outstanding demand. On a query from the bench, the Ld. AR expressed the inability of the applicant to deposit any further tax. 3. The Ld. DR opposed the app ..... X X X X Extracts X X X X X X X X Extracts X X X X
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