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    <title>2019 (4) TMI 1032 - MADRAS HIGH COURT</title>
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    <description>The High Court found that the Appeal filed by the Assessee against the Income Tax Appellate Tribunal&#039;s interim order lacked a discussion on essential factors for granting or refusing a stay. Emphasizing the need for a substantial question of law for jurisdiction, the Court directed the Tribunal to expedite the pending Appeal within three months. The Assessee was ordered to deposit &amp;amp;8377;2 crores within four weeks to prevent coercive action by the Revenue, with no reduction or extension allowed. The Appeal was closed with no costs, and related petitions were concluded.</description>
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    <pubDate>Thu, 21 Feb 2019 00:00:00 +0530</pubDate>
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      <description>The High Court found that the Appeal filed by the Assessee against the Income Tax Appellate Tribunal&#039;s interim order lacked a discussion on essential factors for granting or refusing a stay. Emphasizing the need for a substantial question of law for jurisdiction, the Court directed the Tribunal to expedite the pending Appeal within three months. The Assessee was ordered to deposit &amp;amp;8377;2 crores within four weeks to prevent coercive action by the Revenue, with no reduction or extension allowed. The Appeal was closed with no costs, and related petitions were concluded.</description>
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      <pubDate>Thu, 21 Feb 2019 00:00:00 +0530</pubDate>
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