https://www.taxtmi.com/caselaws?id=266911 The Court directed the Appellate Authority to grant a stay on the disputed demand of Rs. 10 crores until the appeal's disposal, disregarding adverse remarks made by the Judge. The appellant's concerns over potential additional levies were addressed due to pending penalty appeal, as the Court considered the appellant's compliance in depositing Rs. 5 crores and accepting disallowances. The Court found it appropriate to grant a stay, despite the appellant's failure to challenge the initial order under Section 220(6) through a statutory appeal. en-us Fri, 09 Oct 2015 00:00:00 +0530 Tue, 27 Oct 2015 08:27:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=266911 The Court directed the Appellate Authority to grant a stay on the disputed demand of Rs. 10 crores until the appeal's disposal, disregarding adverse remarks made by the Judge. The appellant's concerns over potential additional levies were addressed due to pending penalty appeal, as the Court considered the appellant's compliance in depositing Rs. 5 crores and accepting disallowances. The Court found it appropriate to grant a stay, despite the appellant's failure to challenge the initial order under Section 220(6) through a statutory appeal. Case-Laws Income Tax Fri, 09 Oct 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=266911