https://www.taxtmi.com/caselaws?id=68351 The Tribunal granted the stay petition filed by the assessee, staying the recovery against the outstanding demand of Rs. 15.52 lakhs until the appeal's disposal. The Tribunal considered the assessee's past custody, the nature of the assessment, and the futility of continued detention for recovery. It directed the immovable property to remain attached and required the assessee not to dispose of the property. The decision aimed to balance the convenience of both parties and ensure a fair resolution pending the appeal's disposal. en-us Wed, 06 Dec 2000 00:00:00 +0530 Sat, 03 Sep 2011 18:30:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=68351 The Tribunal granted the stay petition filed by the assessee, staying the recovery against the outstanding demand of Rs. 15.52 lakhs until the appeal's disposal. The Tribunal considered the assessee's past custody, the nature of the assessment, and the futility of continued detention for recovery. It directed the immovable property to remain attached and required the assessee not to dispose of the property. The decision aimed to balance the convenience of both parties and ensure a fair resolution pending the appeal's disposal. Case-Laws Income Tax Wed, 06 Dec 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=68351