https://www.taxtmi.com/caselaws?id=69651 The Tribunal allowed the stay petitions, directing the Revenue to refund Rs. 1,25,99,062 to the assessee and to retain Rs. 50 lakhs as tax deposited. The assessee was instructed to deposit Rs. 1 lakh per month during the pendency of the appeal. Further recovery actions were stayed, and the appeal was scheduled for an expedited hearing. The Tribunal's order aimed to ensure fairness and compliance with legal provisions while addressing the financial difficulties faced by the assessee. en-us Thu, 21 Dec 2000 00:00:00 +0530 Mon, 11 Apr 2011 12:26:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=69651 The Tribunal allowed the stay petitions, directing the Revenue to refund Rs. 1,25,99,062 to the assessee and to retain Rs. 50 lakhs as tax deposited. The assessee was instructed to deposit Rs. 1 lakh per month during the pendency of the appeal. Further recovery actions were stayed, and the appeal was scheduled for an expedited hearing. The Tribunal's order aimed to ensure fairness and compliance with legal provisions while addressing the financial difficulties faced by the assessee. Case-Laws Income Tax Thu, 21 Dec 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=69651