https://www.taxtmi.com/caselaws?id=374099 The Tribunal granted a stay on the balance demand for a period of three months or until the appeal disposal, whichever came earlier. The assessee was directed to deposit an additional amount by a specified date and provide an undertaking not to seek adjournment without reasonable cause. Failure to comply would result in the vacation of the stay granted. Compliance with the specified requirements, including submission of necessary challan, was emphasized for the continuation of the stay. Ultimately, the stay application was disposed of based on the Tribunal's directions, addressing the issues related to the outstanding demand and rejection of the explanation for the cash deposit. en-us Mon, 21 Jan 2019 00:00:00 +0530 Fri, 25 Jan 2019 09:14:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=374099 The Tribunal granted a stay on the balance demand for a period of three months or until the appeal disposal, whichever came earlier. The assessee was directed to deposit an additional amount by a specified date and provide an undertaking not to seek adjournment without reasonable cause. Failure to comply would result in the vacation of the stay granted. Compliance with the specified requirements, including submission of necessary challan, was emphasized for the continuation of the stay. Ultimately, the stay application was disposed of based on the Tribunal's directions, addressing the issues related to the outstanding demand and rejection of the explanation for the cash deposit. Case-Laws Income Tax Mon, 21 Jan 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=374099