https://www.taxtmi.com/caselaws?id=197860 The Tribunal granted a partial stay of recovery of outstanding tax demand to an educational institution totaling Rs. 142.98 crores for assessment years 2009-10 to 2014-15. The applicant was directed to deposit Rs. 18 crores in three installments and granted a stay of the balance outstanding demand for 180 days or until the appeal's disposal, subject to specified conditions, including no frivolous adjournments and out of turn hearing upon payment. The Tribunal considered the applicant's prima facie case, balance of convenience, and financial position in reaching this decision. en-us Fri, 10 Nov 2017 00:00:00 +0530 Wed, 17 Jan 2018 11:59:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=197860 The Tribunal granted a partial stay of recovery of outstanding tax demand to an educational institution totaling Rs. 142.98 crores for assessment years 2009-10 to 2014-15. The applicant was directed to deposit Rs. 18 crores in three installments and granted a stay of the balance outstanding demand for 180 days or until the appeal's disposal, subject to specified conditions, including no frivolous adjournments and out of turn hearing upon payment. The Tribunal considered the applicant's prima facie case, balance of convenience, and financial position in reaching this decision. Case-Laws Income Tax Fri, 10 Nov 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=197860