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2022 (9) TMI 1664

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..... Advocate For the Respondent : Sh. Abhishek Kumar, Sr. DR ORDER PER SAKTIJIT DEY, JM: Captioned application has been filed by the assessee seeking stay on recovery of outstanding demand of Rs. 277,07,08,404/-, pertaining to assessment year 2018-19. 2. Sh. Deepak Chopra, learned counsel appearing for the assessee submitted that while computing the income of the assessee, the Assessing Officer h .....

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..... stayed. Further, he submitted, an early date of hearing of the appeal may be granted. 3. Learned Departmental Representative opposed grant of stay. However, he agreed for fixing an early date of hearing of the appeal. 4. We have considered rival submissions and perused the materials on record. At this stage, we are not required to dwell upon the merits of the disputed additions giving rise to th .....

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..... the corresponding appeal for hearing on 14.11.2022, on an out of turn basis. Paper-books, if any, must be filed by the parties sufficiently ahead of the date of hearing of the appeal. Since, the date of hearing of appeal was announced in the open court in presence of both the parties, there is no need for issuance of separate notice of hearing to the parties. Further, we make it clear, in case, t .....

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