https://www.taxtmi.com/caselaws?id=253535 The High Court held that while the Petitioner's activities could be deemed charitable, the cancellation of its registration under Section 12A for the relevant Assessment Year prevented an unconditional stay. The Court ordered the Petitioner to deposit 10% of the demand within six weeks, granting a stay on the remainder until the CIT(A) appeal was resolved. The Court stressed that these findings were limited to the stay application and would not impact the ongoing appeal. en-us Wed, 29 Oct 2014 00:00:00 +0530 Thu, 27 Nov 2014 08:23:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=253535 The High Court held that while the Petitioner's activities could be deemed charitable, the cancellation of its registration under Section 12A for the relevant Assessment Year prevented an unconditional stay. The Court ordered the Petitioner to deposit 10% of the demand within six weeks, granting a stay on the remainder until the CIT(A) appeal was resolved. The Court stressed that these findings were limited to the stay application and would not impact the ongoing appeal. Case-Laws Income Tax Wed, 29 Oct 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=253535