https://www.taxtmi.com/caselaws?id=214432 Recovery of assessed tax demand was stayed pending disposal of the statutory appeal where the assessee showed a serious arguable case on its status as an agent of the State Government for the Navi Mumbai project. The Court noted that similar contentions had been accepted in earlier assessment years and that the statutory scheme under the Maharashtra Regional and Town Planning Act, 1966 supported the assessee's case. As the Revenue's interest was otherwise secure, interim protection against recovery was granted and the appellate authority was directed to decide the appeal expeditiously, without expressing any view on the merits. en-us Fri, 21 Oct 2011 00:00:00 +0530 Mon, 02 Jul 2012 11:08:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=214432 Recovery of assessed tax demand was stayed pending disposal of the statutory appeal where the assessee showed a serious arguable case on its status as an agent of the State Government for the Navi Mumbai project. The Court noted that similar contentions had been accepted in earlier assessment years and that the statutory scheme under the Maharashtra Regional and Town Planning Act, 1966 supported the assessee's case. As the Revenue's interest was otherwise secure, interim protection against recovery was granted and the appellate authority was directed to decide the appeal expeditiously, without expressing any view on the merits. Case-Laws Income Tax Fri, 21 Oct 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=214432