Vandana Mishra v. Dy. CIT-13(3)(1), Mumbai
[Citation -2016-LL-1007-138]
| Citation | 2016-LL-1007-138 |
|---|---|
| Appellant Name | Vandana Mishra |
| Respondent Name | Dy. CIT-13(3)(1), Mumbai |
| Court | ITAT-Mumbai |
| Relevant Act | Income-tax |
| Date of Order | 07/10/2016 |
| Assessment Year | 2013-14 |
| Judgment | View Judgment |
| Keyword Tags | outstanding demand • chawl |
| Bot Summary: | Love Kumar, DR. Date of Hearing : 07/10/2016 Date of pronouncement : 07/10/2016 ORDER PER N.K. PRADHAN, A.M This stay application has been filed by the assessee against the outstanding demand of Rs.26,41,872/- inclusive of interest of Rs.8,19,365/- for the assessment year 2013-14 with a request to grant stay till the disposal of captioned appeal by the Tribunal. Counsel of the assessee stated that the assessee has already paid a sum of Rs.3,47,054/- and the balance outstanding is Rs.26,41,872/-. We deem it fit to grant the stay of the remaining demand till the disposal of the appeal or a period of 180 days from the date of this order, whichever is earlier subject to the further payment of Rs.5,00,000/- on or before 07/11/2016. This stay is subject to the condition that the assessee shall file an undertaking before the AO to the effect that it shall not alienate any of its immovable properties till the disposal of the present appeal. Further, the SA No. 352/Mum/2016 2 assessee will not seek adjournment without just cause. The registry is directed to fix this appeal for hearing on 23rd November, 2016 as was announced in the open court. In the result, the stay application is allowed in above terms. |