https://www.taxtmi.com/caselaws?id=369482 The Tribunal granted a stay of the outstanding demand of income tax and interest amounting to Rs. 13,54,01,261 for the assessee, subject to the condition of depositing a specified amount to the Credit of Central Government by a given deadline. The stay was provided for a specific period or until the disposal of the appeals, with a warning that any unwarranted adjournments could lead to the vacation of the stay. The Tribunal did not express any opinion on the merits of the issues raised in the appeal but emphasized the importance of cooperation and timely proceedings. en-us Fri, 26 Oct 2018 00:00:00 +0530 Mon, 29 Oct 2018 07:48:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=369482 The Tribunal granted a stay of the outstanding demand of income tax and interest amounting to Rs. 13,54,01,261 for the assessee, subject to the condition of depositing a specified amount to the Credit of Central Government by a given deadline. The stay was provided for a specific period or until the disposal of the appeals, with a warning that any unwarranted adjournments could lead to the vacation of the stay. The Tribunal did not express any opinion on the merits of the issues raised in the appeal but emphasized the importance of cooperation and timely proceedings. Case-Laws Income Tax Fri, 26 Oct 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=369482