https://www.taxtmi.com/caselaws?id=234906 The Tribunal dismissed the Stay Application filed by the assessee seeking to stay the CIT's order under section 263 as the Assessing Officer had already raised the demand in compliance with the CIT's direction, leading to independent proceedings. The Tribunal deemed the Stay Application inconsequential, emphasizing that the demand notice stemmed from the Assessing Officer's order and not solely from the CIT's directive. Consequently, the Stay Application was dismissed, and the parties were directed to submit necessary documents for the impending appeal hearing. en-us Fri, 28 Jun 2013 00:00:00 +0530 Wed, 03 Jul 2013 09:01:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=234906 The Tribunal dismissed the Stay Application filed by the assessee seeking to stay the CIT's order under section 263 as the Assessing Officer had already raised the demand in compliance with the CIT's direction, leading to independent proceedings. The Tribunal deemed the Stay Application inconsequential, emphasizing that the demand notice stemmed from the Assessing Officer's order and not solely from the CIT's directive. Consequently, the Stay Application was dismissed, and the parties were directed to submit necessary documents for the impending appeal hearing. Case-Laws Income Tax Fri, 28 Jun 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=234906