2017 (12) TMI 1783

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..... hs and the appeal is posted for hearing on 02.01.2018, the assessee is granted stay of recovery of the balance of the disputed penalty for a period of two months from today. In the event that the assessee seeks an adjournment on 02.01.2018 being the date of hearing of the appeal, this stay granted to the assessee shall stand vacated. - S.P. No.345/Mds./2017 (I.T.A.No.1922/Mds./2017) - - - Dated: .....

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..... he assessee is hard pressed for funds in so far as the assessee has invested the long term capital gains in the purchase of a residential house. It was a submission that the appeal os assessee is posted for hearing on 02.01.2018. It was a submission that the assessee may be granted stay of recovery of disputed tax. 4. In reply, the ld. Departmental Representative vehemently opposed the Stay Pet .....

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