TMI Blog2016 (4) TMI 225X X X X Extracts X X X X X X X X Extracts X X X X ..... in catena of decisions, the assessee is directed to execute a personal bond in lieu of furnishing bank guarantee. - Petition disposed of - W. P. Nos. 224 to 227 of 2016, WMP Nos. 128 to 131 of 2016 - - - Dated:- 6-1-2016 - R. Mahadevan, J. For the Appellant : Mr. N Inbarajan For the Respondent : Mr. S Manoharan Sundaram, AGP (T) ORDER Heard the learned counsel for the petit ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ppeals were taken on file by the first respondent along with stay petitions filed by the petitioner. In the stay petitions, the Appellate Authority was pleased to grant an order of stay directing the petitioner to pay another 25% of the disputed amount of tax before the Assessing Authority on or before 05.01.2016. The Appellate Authority also imposed a further condition directing the petitioner to ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... oner to execute personal bond for the balance tax amount and penalty for each assessment year from 2007-2008 to 2010-2011 in lieu of furnishing bank guarantee, within a period of two weeks from the date of receipt of a copy of this order. On such executing the personal bond, the order of stay granted by the first respondent shall be in force till the disposal of the appeals. No costs. Consequently ..... X X X X Extracts X X X X X X X X Extracts X X X X
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