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2019 (6) TMI 39 - ITAT DELHIStay of demand - Penalty u/s. 271(1)(C) - disallowance of interest of expenses and disallowance of professional fees - HELD THAT:- The assessee has established the prima facie case in its favour and also balance of convenience is in its favour for grant of stay on the balance outstanding demand in dispute in respect of the AY 2010-11. Accordingly we grant the Stay on the outstanding demand in dispute for the period of 180 days or till the disposal of the aforesaid main appeal, whichever occurs first and also direct the AO not to take any coercive action against the assessee during the stay period or till the disposal of the appeal, whichever occurs first. Also in the interest of justice, the Registry is directed to fix the main appeal of AY 2010-11 for hearing on 15.07.2019. Since the date of hearing is pronounced in the Open Court, hence, there is no need to send the notice for hearing. However, the copy of this Order be given to both the parties DASTI.
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