https://www.taxtmi.com/caselaws?id=178589 The Tribunal granted a partial stay on the recovery of outstanding demands for the assessment year 2006-07, with the appellant required to pay &8377; 50 lakhs by a specified date. The appellant's arguments for reducing the outstanding demands and offering a bank guarantee for the balance were considered, despite opposition from the Departmental Representative. The Tribunal found the appeals were already scheduled for hearing and directed the parties to submit necessary documents by a specified deadline. Ultimately, the applications for stay were partly allowed by the Tribunal. en-us Thu, 13 Jan 2011 00:00:00 +0530 Tue, 16 May 2023 09:14:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=178589 The Tribunal granted a partial stay on the recovery of outstanding demands for the assessment year 2006-07, with the appellant required to pay &8377; 50 lakhs by a specified date. The appellant's arguments for reducing the outstanding demands and offering a bank guarantee for the balance were considered, despite opposition from the Departmental Representative. The Tribunal found the appeals were already scheduled for hearing and directed the parties to submit necessary documents by a specified deadline. Ultimately, the applications for stay were partly allowed by the Tribunal. Case-Laws Income Tax Thu, 13 Jan 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=178589