https://www.taxtmi.com/caselaws?id=388065 The Court directed the Appellate Authority to consider and pass final orders on the pending appeal within four months. Recovery proceedings were stayed on the condition that the petitioner pays 1% of the tax demanded under Section 68 of the Income Tax Act within one month. The attachment over the petitioner's accounts was to be lifted upon depositing the specified amount. This judgment provides relief to the petitioner by setting conditions for the stay of the demand and timely consideration of the appeal, aiming to balance the interests of the taxpayer and tax authorities. en-us Mon, 04 Nov 2019 00:00:00 +0530 Thu, 07 Nov 2019 06:12:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=388065 The Court directed the Appellate Authority to consider and pass final orders on the pending appeal within four months. Recovery proceedings were stayed on the condition that the petitioner pays 1% of the tax demanded under Section 68 of the Income Tax Act within one month. The attachment over the petitioner's accounts was to be lifted upon depositing the specified amount. This judgment provides relief to the petitioner by setting conditions for the stay of the demand and timely consideration of the appeal, aiming to balance the interests of the taxpayer and tax authorities. Case-Laws Income Tax Mon, 04 Nov 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=388065