https://www.taxtmi.com/caselaws?id=70401 The tribunal granted an absolute stay of the proclamation of sale for assessment years 1984-85 and 1985-86, despite objections from the Revenue regarding the nature of the petitions and tax amounts due. The tribunal considered the contentions raised in cross-objections akin to those in an appeal, emphasizing the statutory right of the assessee to contest tax demands. Detailed computations highlighted discrepancies in tax calculations, leading to the grant of a stay to prevent irreparable harm to the assessee until the appeal was resolved, subject to a specified payment deadline. en-us Mon, 12 Mar 1990 00:00:00 +0530 Sat, 16 Apr 2011 09:55:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=70401 The tribunal granted an absolute stay of the proclamation of sale for assessment years 1984-85 and 1985-86, despite objections from the Revenue regarding the nature of the petitions and tax amounts due. The tribunal considered the contentions raised in cross-objections akin to those in an appeal, emphasizing the statutory right of the assessee to contest tax demands. Detailed computations highlighted discrepancies in tax calculations, leading to the grant of a stay to prevent irreparable harm to the assessee until the appeal was resolved, subject to a specified payment deadline. Case-Laws Income Tax Mon, 12 Mar 1990 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=70401