2021 (6) TMI 391

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..... BEENA PILLAI, JUDICIAL MEMBER Assessee by : Shri Sharath Rao, C.A Revenue by : Shri Priyadarshi Mishra, Addl.CIT (DR) ORDER PER BEENA PILLAI, JUDICIAL MEMBER The assessee has filed these eight stay petitions seeking extension of stay of disputed outstanding demand in respect of four A.Ys. 2011-12 to 2018-19 and in each year, one S.P. is regarding the demand raised u/s 201 (1) and in another S .....

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..... query of the bench about how much more payment, the assessee can make, he submitted that since the assessee has already paid upto 80% of tax demand excluding interest and more than 52% of tax demand including interest, stay should be granted without asking the assessee for any further payment. 4. On the contrary, The Learned DR of the revenue submitted that since, the demand is already confirmed .....

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..... y of outstanding demand for a period of 6 months or till the disposal of appeal whichever is earlier. Needless to say that assessee shall not seek adjournment in course of hearing of these appeals without justifiable reasons and if the assessee does so, the stay granted as per this order shall stand vacated automatically. The revenue should also come prepared on this date of hearing and should not .....

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