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2019 (4) TMI 516

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.... D. DHANUKA & PRITHVIRAJ K. CHAVAN, JJ. Mr. Chaithanya K.K and Mr. Shailesh Redkar, Advocates for the Applicant. Ms. T. Ferreira, holding for Ms. Amira Abdul Razaq, Standing Counsel for the Respondents. P.C.: By this Civil Application, the Applicant/Assessee seeks a stay of the recovery of demand pursuant to the Order dated 10.12.2018 during the pendency of Tax Appeal No. 30/2016. 2....

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.... by this Court, the liability of the Applicant would be at most in the sum of Rs. 2 crores in all, and even in that event, the Applicant would be entitled to a refund of the substantial amount from the revenue. 4. Learned Counsel for the Revenue states that she has been instructed to make a statement before this Court that if this Court proposes to grant any stay of the recovery of demand, the ....