TaxTMI 
TaxTMI 
2019 (4) TMI 1377
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....yant 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 under consideration was completed u/s 143(3) of t....
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..... 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 further submitted that the business of the assessee ha....
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....ing 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 the outstanding demand shall constitute 52.06% of the total....