TMI Blog2016 (6) TMI 1412X X X X Extracts X X X X X X X X Extracts X X X X ..... to payment of 50% of the outstanding demand i.e ₹ 3.46 Crores and the assessee had made this payment. Appeal was fixed for hearing on 05- 01-2016 and that day hearing could not take place for some reasons not attributable to the assessee and therefore, we feel it proper to grant extension of stay for a further period of 180 days from the date of expiry of earlier stay order or till the dispo ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... AR of the assessee that the earlier stay was granted by the Tribunal in SP No.139(B)/2015 dated 11-12-2015 for a period of 180 days with a condition that the assessee should make payment of 50% of the total demand amounting to ₹ 3.46 Crores and the appeal was fixed for hearing on 05-01-2016. Thereafter, he submitted that the assessee had made the payment of ₹ 3.46 Creores as per the di ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... xtension of stay for a further period of 180 days from the date of expiry of earlier stay order or till the disposal of the appeal whichever is earlier. We order accordingly. 5. We want to make it clear that the assessee should not seek adjournment during the course of hearing of this appeal without any valid and compelling reasons and if the assessee seeks adjournment without any valid and com ..... X X X X Extracts X X X X X X X X Extracts X X X X
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