2019 (4) TMI 1377

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....a, AR For the Respondent : Shri Jayant Javeri, Sr.DR ORDER PER WASEEM AHMED, ACCOUNTANT MEMBER: The assessee in this petition is seeking a stay on the recovery of the outstanding demand amounting to Rs. 55,38,956/- only. 2. The assessee in the present case is a partnership firm and engaged in the business of property developers and civil contractors. The assessment for the year unde....

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....the notice issued under 133(6) of the Act to them. However, the addition was made by the AO which was sustained by the ld CIT(A) without considering the supporting documents filed at the time of the hearing. 5. The ld. AR because of the above submitted that the assessee has a very fair chance to succeed in the appeal pending before the ITAT. 6. In addition to the above, the ld AR before us f....

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....ject to the deposit of Rs. 20,00,000/- towards the outstanding demand as discussed above in two installments. The first installment of Rs. 10 Lacs shall be deposited on or before 28th February 2019 and the remaining installment of Rs. 10,00,000/- will be deposited on or before 15th March 2019. It is also important to note that after making the aforesaid payment of Rs. 20 lacs the total payment of ....