https://www.taxtmi.com/caselaws?id=377325 The Tribunal granted an extension of stay for an outstanding demand for Assessment Year 2011-12, amounting to &8377; 60,94,46,150, with the assessee having already deposited &8377; 31,19,91,745. The stay was extended for three months or until the Tribunal's order in the appeal, following legal precedent allowing extensions beyond the 365-day limit under Section 254(2A) of the Income Tax Act, 1961. The Tribunal directed that a refund of &8377; 7,59,94,310 for Assessment Year 2010-11 be retained or adjusted against the outstanding demand during the stay period. en-us Thu, 03 Jan 2019 00:00:00 +0530 Wed, 27 Mar 2019 09:48:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=377325 The Tribunal granted an extension of stay for an outstanding demand for Assessment Year 2011-12, amounting to &8377; 60,94,46,150, with the assessee having already deposited &8377; 31,19,91,745. The stay was extended for three months or until the Tribunal's order in the appeal, following legal precedent allowing extensions beyond the 365-day limit under Section 254(2A) of the Income Tax Act, 1961. The Tribunal directed that a refund of &8377; 7,59,94,310 for Assessment Year 2010-11 be retained or adjusted against the outstanding demand during the stay period. Case-Laws Income Tax Thu, 03 Jan 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=377325