https://www.taxtmi.com/caselaws?id=387070 The High Court directed the petitioner to pay a reduced amount of Rs. 15,00,000 in lieu of the balance owed for tax liabilities. Upon payment, the Income Tax Department was instructed to promptly re-credit the remaining balance to the petitioner's bank account. The Court also mandated the Appellate Authority to finalize the appeals within six months and ordered the Department to refrain from coercive recovery measures until the appellate orders are communicated. The Court balanced the petitioner's financial hardship plea with the default in payment, providing specific instructions for the resolution of the matter. en-us Thu, 10 Oct 2019 00:00:00 +0530 Wed, 16 Oct 2019 12:15:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=387070 The High Court directed the petitioner to pay a reduced amount of Rs. 15,00,000 in lieu of the balance owed for tax liabilities. Upon payment, the Income Tax Department was instructed to promptly re-credit the remaining balance to the petitioner's bank account. The Court also mandated the Appellate Authority to finalize the appeals within six months and ordered the Department to refrain from coercive recovery measures until the appellate orders are communicated. The Court balanced the petitioner's financial hardship plea with the default in payment, providing specific instructions for the resolution of the matter. Case-Laws Income Tax Thu, 10 Oct 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=387070