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TMI Blog2019 (3) TMI 1346X X X X Extracts X X X X X X X X Extracts X X X X ..... h (CIT-DR), Shri A.N. Bhalekar (AO) ORDER PER G.S. PANNU, VP : Presently, assessee has moved an application seeking extension of stay granted by the Tribunal on an earlier occasion regarding the outstanding demand for Assessment Year 2011-12. 2. It transpires that the demand of Rs. 60,94,46,150/- was created upon completion of assessment against which, in terms of the report of the Assessing O ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nd for a further period of three months from today or till the date of order of the Tribunal in assessee's appeal, whichever is earlier. At this stage, we may also notice that the corresponding appeal of the assessee was posted today alongwith the stay application, but due to the non-availability of the counsel, it has been requested to be adjourned for further hearing on 28.01.2019 at 2.30 p.m., ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... cumstances so warrant. In this view of the matter and considering the circumstances of the case, we have extended the stay as stated in the earlier paras. Accordingly, the stay application is disposed off as above.
The above decision was pronounced in the open court in the presence of both the parties at the conclusion of the hearing on 3rd January, 2019. X X X X Extracts X X X X X X X X Extracts X X X X
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