TMI Blog2014 (7) TMI 31X X X X Extracts X X X X X X X X Extracts X X X X ..... Ravindran; This stay petition is filed for waiver of pre-deposit of an amount of Rs.69,16,233/- confirmed as service tax liability, interest thereof and penalties under various sections. The said dues are adjudged as liabilities under the category of renting of immovable property services for the period from June 2007 to March 2012 and show cause notice was issued on 03.07.2012. 2. Ld. Counsel d ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... quare feet of the area and hence they were very much aware that they were renting out the immovable properties. It is his submission that appellant cannot claim any bonafide belief. 4. We have considered the submissions made at length by both sides and perused the records. 5. At the outset, we would like to record that the facts in this case are the agreements though contended by the appellant w ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... volved, and as the issue is an arguable one, we are of the view that appellant should be put to further condition of depositing an amount of Rs.10,00,000/- within the period of eight weeks from today and report compliance on 09.04.2014 before Dy. Registrar. Dy. Registrar after ascertaining such a compliance, shall place the file before a bench for passing appropriate orders on 16.04.2014. Subject ..... X X X X Extracts X X X X X X X X Extracts X X X X
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