2015 (5) TMI 1136

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....the Applicant : P. Dinesh, Advocate For the Respondent : S. K. Ambastha, CIT-III (DR) ORDER Abraham P. George (Accountant Member) Through this stay petition, the assessee pleads for extension of stay granted to it by the Tribunal's order dated 31.12.2014. 2. Ld. counsel for the assessee submitted that in compliance with the order of this Tribunal, assessee had effected payment of Rs....

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....s out of the said demand. The stay was granted subjected to condition that assessee should pay a further sum of Rs. 9,42,20,422 before 30.11.2014. The stay was granted by the Tribunal considering the merits of the case, balance of convenience and financial position of the assessee. The assessee had complied with the conditions set out in the stay by effecting further payment of Rs. 10 lakhs on 25.....