https://www.taxtmi.com/caselaws?id=386472 The Co-operative Society's appeal against the disallowance of deduction under Section 80P and additions to income declared under Section 68 of the Income Tax Act resulted in a judgment directing the First Appellate Authority to finalize the appeal within four months. The petitioner was granted conditional stays subject to payment percentages of the tax amounts. Recovery proceedings were stayed if 1% of the tax demanded on the additions made under Section 68 was paid within one month, and the attachment over the petitioner's accounts was lifted upon depositing the specified amount. en-us Mon, 23 Sep 2019 00:00:00 +0530 Sat, 28 Sep 2019 10:39:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=386472 The Co-operative Society's appeal against the disallowance of deduction under Section 80P and additions to income declared under Section 68 of the Income Tax Act resulted in a judgment directing the First Appellate Authority to finalize the appeal within four months. The petitioner was granted conditional stays subject to payment percentages of the tax amounts. Recovery proceedings were stayed if 1% of the tax demanded on the additions made under Section 68 was paid within one month, and the attachment over the petitioner's accounts was lifted upon depositing the specified amount. Case-Laws Income Tax Mon, 23 Sep 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=386472