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    <title>2016 (5) TMI 96 - ITAT HYDERABAD</title>
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    <description>The Tribunal granted a stay of the balance of the penalty demand under section 271C of the I.T. Act for 180 days or until the disposal of the appeals, considering the pending appeals on the issue of Tax Deducted at Source (TDS) under section 194H before the Hon&#039;ble Supreme Court. The assessee had paid 20% of the penalty demand and the Tribunal found the balance of convenience in favor of the assessee, allowing the stay petitions and directing the scheduling of the appeals for a hearing on a specific date.</description>
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      <link>https://www.taxtmi.com/caselaws?id=327115</link>
      <description>The Tribunal granted a stay of the balance of the penalty demand under section 271C of the I.T. Act for 180 days or until the disposal of the appeals, considering the pending appeals on the issue of Tax Deducted at Source (TDS) under section 194H before the Hon&#039;ble Supreme Court. The assessee had paid 20% of the penalty demand and the Tribunal found the balance of convenience in favor of the assessee, allowing the stay petitions and directing the scheduling of the appeals for a hearing on a specific date.</description>
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      <pubDate>Wed, 24 Feb 2016 00:00:00 +0530</pubDate>
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