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2017 (7) TMI 307 - HC - Income TaxStay of demand - Held that:- Justice would be met if writ petition is disposed of by directing the First Appellate Authority(3rd respondent)to dispose of the appeal preferred by the petitioner on 27.04.2016 on merits and in accordance with law within the time frame fixed by this Court with a direction to the petitioner to pay ₹ 5,00,000/- per month till the disposal of the appeal as ordered by this Court. Hence the following order: The petition stands disposed of. The First Appellate Authority(3rd respondent) is hereby directed to dispose of the appeal preferred by the petitioner on 24.07.2016 as per Annexure -E on merits and in accordance with law after providing an opportunity of hearing to the petitioner within two months from the date of receipt of a copy of this order. Petitioner shall pay ₹ 5,00,000/- per month till the disposal of the appeal regularly in terms of the interim order granted by this Court on 11.05.2016. This arrangement is subject to final result of the appeal pending before the First Appellate Authority(3rd respondent). Petitioner shall extend co-operation with the First Appellate Authority(3rd respondent) in order to enable the First Appellate Authority to dispose of the appeal within the time stipulated herein above.
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