https://www.taxtmi.com/circulars?id=4947 Exercise of section 220(6) discretion allows the Assessing Officer, on the assessee's application, to treat the assessee as not in default for amounts attributable to disputed points while an appeal remains pending where there are conflicting High Court interpretations or where the issue was earlier decided in the assessee's favour in the assessee's own case. The concession is limited to disputed amounts, may be withdrawn for non-cooperation or changed legal developments, and in other cases requires a speaking order; financial capacity is not relevant and the guidelines apply to other direct tax laws. en-us Mon, 06 Mar 1989 00:00:00 +0530 Thu, 07 Aug 2008 16:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=4947 Exercise of section 220(6) discretion allows the Assessing Officer, on the assessee's application, to treat the assessee as not in default for amounts attributable to disputed points while an appeal remains pending where there are conflicting High Court interpretations or where the issue was earlier decided in the assessee's favour in the assessee's own case. The concession is limited to disputed amounts, may be withdrawn for non-cooperation or changed legal developments, and in other cases requires a speaking order; financial capacity is not relevant and the guidelines apply to other direct tax laws. Circulars Income Tax Mon, 06 Mar 1989 00:00:00 +0530 https://www.taxtmi.com/circulars?id=4947