https://www.taxtmi.com/caselaws?id=182319 The High Court granted a stay on coercive recovery of demanded tax under Section 220 of the Income-Tax Act, pending a Supreme Court decision. The petitioner, an assessee, disputed the classification of discounts as commission/brokerage for TDS, citing conflicting High Court judgments. The court noted the unsettled issue, directed a 40% deposit by the petitioner, and restrained the Deputy Commissioner from recovery actions. The decision reflected the need for clarity from the Supreme Court and balanced relief for the petitioner amidst jurisdictional discrepancies. en-us Tue, 25 Aug 2015 00:00:00 +0530 Sat, 07 May 2016 10:37:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=182319 The High Court granted a stay on coercive recovery of demanded tax under Section 220 of the Income-Tax Act, pending a Supreme Court decision. The petitioner, an assessee, disputed the classification of discounts as commission/brokerage for TDS, citing conflicting High Court judgments. The court noted the unsettled issue, directed a 40% deposit by the petitioner, and restrained the Deputy Commissioner from recovery actions. The decision reflected the need for clarity from the Supreme Court and balanced relief for the petitioner amidst jurisdictional discrepancies. Case-Laws Income Tax Tue, 25 Aug 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=182319