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    <description>The court ruled in favor of the petitioner, directing that pending the appeal by the CIT(A) for Assessment Year 2011-12, the petitioner would not be treated as an assessee in default. The court emphasized that this decision on the stay application should not impact the ongoing appellate proceedings. The petition was disposed of with no order as to costs.</description>
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      <description>The court ruled in favor of the petitioner, directing that pending the appeal by the CIT(A) for Assessment Year 2011-12, the petitioner would not be treated as an assessee in default. The court emphasized that this decision on the stay application should not impact the ongoing appellate proceedings. The petition was disposed of with no order as to costs.</description>
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