https://www.taxtmi.com/caselaws?id=282121 The Tribunal granted the Stay Application for Assessment year 2014-15 under Section 56(2)(viib) of the Income-tax Act, 1961. It allowed a stay of the remaining demand for six months, with the condition that the assessee does not dispose of the shares in question until the appeal is resolved. The Tribunal directed the assessee to be prepared for proceedings without seeking additional time, with the appeal hearing scheduled for 24th April, 2019. This decision provided temporary relief to the assessee pending the appeal process. en-us Wed, 06 Mar 2019 00:00:00 +0530 Mon, 22 Jul 2019 22:37:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=282121 The Tribunal granted the Stay Application for Assessment year 2014-15 under Section 56(2)(viib) of the Income-tax Act, 1961. It allowed a stay of the remaining demand for six months, with the condition that the assessee does not dispose of the shares in question until the appeal is resolved. The Tribunal directed the assessee to be prepared for proceedings without seeking additional time, with the appeal hearing scheduled for 24th April, 2019. This decision provided temporary relief to the assessee pending the appeal process. Case-Laws Income Tax Wed, 06 Mar 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=282121