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2016 (10) TMI 526

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..... ew of this, we are inclined to grant conditional stay that the assessee shall pay ₹ 10 lakhs on or before 10.5.2016. Accordingly, recovery of balance amount is stayed for a period not exceeding 180 days from the date of this order or till the disposal of the appeal by the Tribunal, whichever is earlier. Further, we make it clear that the assessee shall not seek any unnecessary adjournment on .....

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..... bmitted that in this case, there was an addition of ₹ 3,01,04,150/- on account of bogus claim of expenses. He submitted that the assessee has incurred expenditure for job work like embroidery, stitching, checking and sequencing and it has been admitted to have been received by the respective parties in the statement recorded from them. Therefore, he submitted that in such circumstances, addi .....

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..... 10 lakhs on or before 10.5.2016. Accordingly, recovery of balance amount is stayed for a period not exceeding 180 days from the date of this order or till the disposal of the appeal by the Tribunal, whichever is earlier. Further, we make it clear that the assessee shall not seek any unnecessary adjournment on the date of hearing. If the assessee wants to file any paper book, the same should be fi .....

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