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TMI Blog2019 (8) TMI 639X X X X Extracts X X X X X X X X Extracts X X X X ..... tanding demand and do so. The assessee is granted stay on recovery of outstanding demand for a period of 6 months commencing today or disposal of appeal whichever is earlier. The hearing of this appeal has been fixed for 16.09.2019. The assessee is directed to file all returns / submissions and other documents which it relies on in support of the grounds raised in this appeal well before the date of hearing i.e., on 16.09.2019 and also that no adjournment of hearings should be sought for by the assessee other than for genuine reasons. Failure to comply with the above said directions would result in the stay being vacated automatically and all other legal consequences shall follow. Since the date of hearing has been pronounced in open ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ₹ 77,90,57,456/- 2. Disallowance of excess claim of deduction under section 10A ₹ 26,21,375/-; and 3. Disallowance under section 14A ₹ 4,52,600/-. This resulted in raising of demand of ₹ 45,02,98,474/- (which includes an amount of ₹ 14,08,94,838/- on account of interest charged). 3. Before us, the learned AR for the assessee submitted that so far the assessee had made good tax demand to the extent of ₹ 18,80,14,448/- and the balance outstanding demand ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... or disposal of appeal whichever is earlier. 6. The hearing of this appeal has been fixed for 16.09.2019. The assessee is directed to file all returns / submissions and other documents which it relies on in support of the grounds raised in this appeal well before the date of hearing i.e., on 16.09.2019 and also that no adjournment of hearings should be sought for by the assessee other than for genuine reasons. Failure to comply with the above said directions would result in the stay being vacated automatically and all other legal consequences shall follow. Since the date of hearing has been pronounced in open court, no separate notices will be issued for the hearing to the parties. 7. In the result, the asse ..... X X X X Extracts X X X X X X X X Extracts X X X X
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