https://www.taxtmi.com/caselaws?id=375648 The High Court modified the Income Tax Appellate Tribunal's order regarding the stay of outstanding tax demand for the assessee. The Court directed the assessee to pay a total of &8377; 3,00,00,000 in two instalments to secure a stay of the remaining demanded amount. Failure to comply would result in the dismissal of the writ petitions. The Court aimed to balance the interests of the assessee and the Revenue by adjusting the payment conditions, ensuring fairness in the tax dispute resolution. en-us Mon, 21 Jan 2019 00:00:00 +0530 Thu, 21 Feb 2019 18:43:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=375648 The High Court modified the Income Tax Appellate Tribunal's order regarding the stay of outstanding tax demand for the assessee. The Court directed the assessee to pay a total of &8377; 3,00,00,000 in two instalments to secure a stay of the remaining demanded amount. Failure to comply would result in the dismissal of the writ petitions. The Court aimed to balance the interests of the assessee and the Revenue by adjusting the payment conditions, ensuring fairness in the tax dispute resolution. Case-Laws Income Tax Mon, 21 Jan 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=375648