TMI Blog2019 (5) TMI 790X X X X Extracts X X X X X X X X Extracts X X X X ..... d payments of ₹ 138.50 crores under various heads. The assessee expressed its inability to make any payment of tax. The assessee did not submit the balance sheet to verify the other receivables as on the date of hearing. From the funds available with the assessee, we are of the view that the assessee has no financial difficulty to make the payment of outstanding demand and it is also the ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ing demand till the disposal of the corresponding appeal as the assessee has a prima-facie case in his hand and, therefore, balance of convenience is in favour of the assessee to grant stay. The ld. AR further submitted that the issues raised in the corresponding appeal are covered by the decision of the Tribunal in its earlier cases. He, therefore, requested to grant stay of outstanding demand. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... . 4. We have heard the rival submissions and perused the material on record. In the instant case, both the parties are confident of succeeding in the appeal before the Tribunal. The assessment order was passed by the ld. DCIT, Circle 3(1), Hyderabad passed u/s 143(3) rws 144(C(13) of the Act, dated 29/10/2018, which was approved by the DRP, Bengaluru vide order dated 08/01/2018. ..... X X X X Extracts X X X X X X X X Extracts X X X X
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