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2015 (9) TMI 1414

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.... CHATURVEDI, ACCOUNTANT MEMBER 1. All the three applications filed by the Assessee are for extending the stay of recovery of disputed tax demand of Rs. 30,12,460/- for A.Y. 2007-08, Rs. 85,11,490/- for A.Y. 2008-09 & Rs. 61,26,690/- for A.Y. 2009-2010. All these Stay Applications are disposed of by a common order for the sake of convenience. 2. Before us, ld. A.R. submitted that the stay for al....

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....xtension of stay as prayed by ld. A.R. 4. We have heard the rival submissions and perused the material on record. In the present case, we find that Assessee has complied with the condition of payment of disputed tax demand as directed by the Co-ordinate Bench of Tribunal. We further find that the appeal of the Assessee has not yet been disposed of and the non disposal of appeal is not attributabl....

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....t the Revenue not to proceed for auction of the residential premises at 14, Shivalik Villa, Nr.Rajpath Club, Ambali Road, Ahmedabad. and also stay the outstanding demand of Rs. 1,80,50,640/- subject to the condition that the assessee should deposit a tax -of Rs. 2 lacs in the Government Account by 31-08- 2014 and make payment of Rs. 50,000/- every month till the disposal of assessee's appeals ....