2022 (7) TMI 1523

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....sessee : Shri Ketan Ved, A/R. For the Revenue : Shri Saumyajeet Das Gupta, CIT D/R. ORDER PER RAJPAL YADAV, VICE PRESIDENT : The present stay application is directed at the instance of the assessee for grant of ad-interim stay of the outstanding demand amounting to Rs. 7,34,33,297/-. 2. The ld. Counsel for the assessee at the very outset submitted that one of the issues agitate....

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....on before the DRP is disposed off, then whole demand will be wiped out and the assessee will be entitled for a refund. 3. We find that this stay application was listed on 08/06/2022. A similar plea was raised at that point also. The Tribunal had adjourned the hearing expecting early disposal of the application before the DRP and refrained from passing any stay order in respect of the demand. Ho....