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2014 (2) TMI 367 - AT - Income TaxStay of demand - Held that:- The outstanding demand stayed on certain terms and conditions - The revenue proposed to pay a sum of Rs. 5 crores in two equal installments of Rs. 2.5 crores each on or before 28th February, 2014 - The assessee agreed for the same - The assessee is directed to pay Rs. 2.5 crores on or before 14th February, 2014 and another amount of Rs. 2.5 crores on or before 28th February, 2014 - The remaining outstanding demand is stayed for 180 days or till the disposal of the appeal preferred by the assessee in IT(TP) No. 1/JP/2013 - The registry is also directed to fix the above said appeal of the assessee out of turn on priority basis - Decided in favour of petitioner.
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