Suppose Income tax order u/s 143(1) is passed by CPC Bangalore raising a demand. The assessee filed an appeal before CIT(a) online disputing the demand.
Now how to apply for stay of demand? Can it be filed online ?
Who has to be approached for stay of demand? is it CIT(A) or the A.O (in this case CPC)?
Stay of demand: taxpayers may seek an online petition to CIT(A) to suspend an assessed tax demand. The document addresses seeking a stay of demand after an assessment under section 143(1), focusing on whether the stay can be applied for online and which authority to approach. It records practitioner advice to consult a practising chartered accountant for procedural help and that a petition for stay may be filed online to CIT(A) as the appropriate appellate authority to request suspension of the tax demand while the appeal is pending. (AI Summary)