https://www.taxtmi.com/caselaws?id=330828 The court allowed the writ petition filed by a Primary Agricultural Co-operative Credit Society Ltd., setting aside an order requiring payment of 15% of disputed tax for stay of collection. The court considered the petitioner's earlier favorable order, discretionary power of the Assessing Officer, and principles for granting interim orders. Finding that all parameters for granting a stay were met, the court granted a stay of demand for assessment years 2008-09, 2010-11, 2013-14 until the appeals are heard and disposed of. No costs were awarded, and the connected Miscellaneous Petition was closed. en-us Tue, 05 Jul 2016 00:00:00 +0530 Sat, 06 Aug 2016 13:50:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=330828 The court allowed the writ petition filed by a Primary Agricultural Co-operative Credit Society Ltd., setting aside an order requiring payment of 15% of disputed tax for stay of collection. The court considered the petitioner's earlier favorable order, discretionary power of the Assessing Officer, and principles for granting interim orders. Finding that all parameters for granting a stay were met, the court granted a stay of demand for assessment years 2008-09, 2010-11, 2013-14 until the appeals are heard and disposed of. No costs were awarded, and the connected Miscellaneous Petition was closed. Case-Laws Income Tax Tue, 05 Jul 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=330828