https://www.taxtmi.com/caselaws?id=370043 The Tribunal granted a stay of the remaining disputed outstanding demand for Assessment Years 2011-12, 2012-13, 2013-14, and 2015-16, considering a significant portion had already been recovered by the AO. The Tribunal directed the AO to refund the excess amount collected and expedited the hearing process. The Division Bench did not grant a stay on the High Court's judgment for refund but advised against contempt proceedings. The Tribunal respected the jurisdiction of the High Court and refrained from intervening in the issue of the AO's refund, ensuring a fair resolution for both parties. en-us Fri, 02 Nov 2018 00:00:00 +0530 Thu, 08 Nov 2018 11:54:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=370043 The Tribunal granted a stay of the remaining disputed outstanding demand for Assessment Years 2011-12, 2012-13, 2013-14, and 2015-16, considering a significant portion had already been recovered by the AO. The Tribunal directed the AO to refund the excess amount collected and expedited the hearing process. The Division Bench did not grant a stay on the High Court's judgment for refund but advised against contempt proceedings. The Tribunal respected the jurisdiction of the High Court and refrained from intervening in the issue of the AO's refund, ensuring a fair resolution for both parties. Case-Laws Income Tax Fri, 02 Nov 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=370043