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2019 (4) TMI 1484

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..... ELD THAT:- On considering the entire facts and circumstances of the case, while dismissing the writ appeal, we are inclined to enlarge the time stipulated for making payment of the amount stipulated. If the appellant deposits the balance amount out of the first instalment mentioned in the impugned judgment on or before 15.04.2019, the same will be considered as due compliance of the direction cont .....

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..... the writ petition. 2. Ext.P4 interim order passed by the Commissioner of Income Tax(Appeals), Kottayam was challenged in the writ petition. The order impugned was passed by the CIT (Appeals) in a stay petition filed by the appellant, seeking stay of recovery of the demand of ₹ 44,82,72,598/-, pending disposal of the appeal. The demand in question pertains to the assessment c .....

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..... ble to be dismissed. However, learned counsel appearing for the appellant sought for indulgence of this court in extending the period stipulated for payment of the amount. It is submitted that 10% of the entire demand would come to ₹ 4,48,27,260/-. It is also submitted that the appellant had already remitted a sum of ₹ 14,20,969/- on 27.03.2019. Learned counsel seeks indulgence to perm .....

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..... before 15.04.2019, the same will be considered as due compliance of the direction contained in the judgment of the learned Single Judge. In case the balance amount out of the first instalment is paid on or before the said date, the appellant shall be permitted to remit the second instalment within one month thereafter. The above writ appeal is disposed of as above. - - .....

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