https://www.taxtmi.com/caselaws?id=325677 The Tribunal granted the Stay Application, staying the recovery of the outstanding demand amounting to Rs. 52,95,70,660 for 180 days or until the appeal's disposal, subject to conditions. The decision was based on the debatable nature of the issue, favorable precedent from previous years, and the assessee's compliance with procedural requirements and readiness for an expedited hearing. An extension of the stay was later allowed for an additional 180 days or until the appeal's finalization, emphasizing the interconnected issues across multiple assessment years and the assessee's commitment to early disposal. en-us Wed, 10 Feb 2016 00:00:00 +0530 Sat, 26 Mar 2016 09:47:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=325677 The Tribunal granted the Stay Application, staying the recovery of the outstanding demand amounting to Rs. 52,95,70,660 for 180 days or until the appeal's disposal, subject to conditions. The decision was based on the debatable nature of the issue, favorable precedent from previous years, and the assessee's compliance with procedural requirements and readiness for an expedited hearing. An extension of the stay was later allowed for an additional 180 days or until the appeal's finalization, emphasizing the interconnected issues across multiple assessment years and the assessee's commitment to early disposal. Case-Laws Income Tax Wed, 10 Feb 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=325677