2020 (4) TMI 536

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....CIT) ORDER PER: VIKRAM SINGH YADAV, A.M. This is a stay application arising out of ITA No. 124/JP/2020 for A.Y 2014-15. 2. In its stay petition, the assessee has submitted as under:- "We would like to draw your goodself's attention to along with assessment order dated 29.12.2018 passed u/s 143(3) for the captioned assessment year and order passed u/s 154 dated 20.07.2018 raisi....

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....vide F. No. 404/72/93-ITCC, vide letter dated 14.02.2017 & 13.08.2018 to your goodself till the disposal of appeal before CIT(A)-1, Jaipur and accordingly stay was granted. 3. That the ld. CIT(A)-1, Jaipur has dismissed the assessee's appeal vide order u/s 250 dated 16.01.2020 and thereby confirmed the addition so made by your goodself in the assessment order dated 29.12.2018 u/s 143(3). ....

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.... * Hon'ble Jaipur ITAT Bench decision in the case of Shri Sunil Jain v. DCIT [ITA No. 370/JP/2017] * Hon'ble Jaipur ITAT Bench decision in the case of Shri Nina Jain v. DCIT [ITA No. 371/JP/2017] * Hon'ble Jaipur ITAT Bench decision in the case of Shri Nisha Jain v. DCIT [ITA No. 372/JP/2017] Accordingly, the order passed by Id. CIT(A) is not justified....

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....t of total demand of Rs. 3,10,31,970, the assessee has already deposited a sum of Rs. 50,62,022. Considering the facts and circumstances of the case, the assessee is directed to deposit a further sum of Rs. 15,00,000/- on or before 28.02.2020 to which the ld AR has agreed on behalf of the assessee. Subject to the said deposit, the balance demand is stayed for a period of three months or disposal o....