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2019 (12) TMI 1535 - BOMBAY HIGH COURTStay of demand - petitioner has challenged an order passed by the Income Tax Appellate Tribunal, Mumbai imposing a condition of depositing further sum of ₹ 25 crore in two equal instalments to enable the petitioner to enjoy stay against further recoveries in relation to the petitioner’s appeal before the Tribunal concerning the assessment year 2011-12 - HELD THAT:- Till date the respondents have not fled any reply. The Writ Petition is admitted. The respondents waive service. Income-tax Appellate Tribunal, Mumbai shall not insist on the petitioner depositing the amount as directed by its order dated 4th September, 2019. This order is passed without prejudice to the rights and contentions of the parties. The Income-tax Appellate Tribunal, Mumbai is not precluded from proceeding further with the hearing of the appeal on the date fixed or any date thereafter.
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