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2020 (8) TMI 187 - AT - Income TaxStay of recovery of outstanding demand - assessee has already paid more than 27% of the amount - HELD THAT:- We are of considered view that assessee deserves the benefit of stay of recovery of outstanding demand. The assessee shall pay a sum of ₹ 4.00 lacs in two instalments of ₹ 2.00 lacs each. Assessee shall furnish proof of deposit of aforesaid amounts to the Registry of the Tribunal within a week from the date of such deposits and shall also furnish copy of the same to the Office of D.R. The assessee shall not seek frivolous adjournments.
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