https://www.taxtmi.com/caselaws?id=377015 Where an appeal against a penalty order under the Income-tax Act had already been admitted and a substantial question of law was framed, the Bombay HC granted interim stay of the penalty order. The Court noted that the assessee had paid the entire penalty and, in those circumstances, directed that prosecution should not be launched pursuant to the penalty order while the appeal remained pending. The result was interim protection for the assessee, with enforcement consequences kept in abeyance until adjudication of the admitted appeal. en-us Fri, 25 Jan 2019 00:00:00 +0530 Tue, 19 Mar 2019 16:58:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=377015 Where an appeal against a penalty order under the Income-tax Act had already been admitted and a substantial question of law was framed, the Bombay HC granted interim stay of the penalty order. The Court noted that the assessee had paid the entire penalty and, in those circumstances, directed that prosecution should not be launched pursuant to the penalty order while the appeal remained pending. The result was interim protection for the assessee, with enforcement consequences kept in abeyance until adjudication of the admitted appeal. Case-Laws Income Tax Fri, 25 Jan 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=377015