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Issues: Whether the impugned demand notices arising from the intimation under the Income-tax Act, 1961 should remain stayed pending consideration of the petitions.
Analysis: The petitions challenged the demand notices issued pursuant to intimation treating the same as notices of demand. On the petitioner's request, the Court permitted the draft amendment and directed issuance of notice returnable on a later date. Pending further consideration, the Court granted interim protection against enforcement of the demand notices.
Outcome: Notice issued. The impugned demand notices were directed to remain stayed till final disposal of the petitions.