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Veedhata Towers Pvt. Ltd. S-105, First Floor, Rajiv Gandhi Commercial Complex, Opp. Ekta Nagar, Kandivali West, Mumbai- 400 067 Vs. ITO 9(3)(3) Mumbai
December, 29th 2014
                     IN THE INCOME TAX APPELLATE TRIBUNAL,
                           MUMBAI BENCH "F", MUMBAI
             BEFORE SHRI RAJENDRA, ACCOUNTANT MEMBER AND
                  SHRI SANJAY GARG, JUDICIAL MEMBER
                               S.A. No. 359/Mum/2014
                      (Arising Out of ITA No. 7070/Mum/2014)
                              Assessment Year: 2010-11
                 Veedhata Towers Pvt. Ltd.                  ITO
                 S-105, First Floor, Rajiv Gandhi           9(3)(3)
                                                       Vs.
                 Commercial Complex, Opp. Ekta Nagar,       Mumbai
                 Kandivali West, Mumbai- 400 067
                 PAN:-AACCV 3179 N
                       (Appellant)                    (Respondent)

                              Assessee by       :   Shri R.C. Jain
                               Revenue by       :   Shri Asghar Jain
                         Date of hearing  : 26.12.2014
                    Date of Pronouncement : 26.12.2014

                                      ORDER
PER SANJAY GARG, JM:
        The present application has been moved by the assessee seeking stay of
demand of Rs.76,27,374/-. The Ld. AR of the assessee has submitted that the
recovery of the above amount be stayed whereas the Ld. DR has submitted that the
assessee may be asked to deposit at least 50% of the demand. At this stage the Ld.
AR of the assessee has stressed on his alternative plea of earlier hearing of the
matter.
2. In view of the submissions of the Ld. AR the plea regarding stay of the recovery of the demand in question is rejected however, the alternative plea of earlier hearing is allowed. The matter/ corresponding appeal is ordered to be fixed for hearing on 8th January, 2015 . The date of hearing informed in the open court, no separate notice will be sent to the parties. Copy of this order be placed on appeal file also. 0 Order pronounced in the open court on this 26th day of December, 2014. Sd/- Sd/- (RAJENDRA) (SANJAY GARG) ACCOUNTANT MEMBER JUDICIAL MEMBER Mumbai, Dated: 26.12.2014 S.A. No. 359/Mum/2014 2 Arising Out of ITA No. 7070/Mum/2014 Veedhata Towers Pvt. Ltd. Assessment Year: 2010-11 *Srivastava Copy to: The Appellant The Respondent The CIT, Concerned, Mumbai The CIT(A) Concerned, Mumbai The DR "F" Bench //True Copy// By Order Dy/Asstt. Registrar, ITAT, Mumbai.
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