https://www.taxtmi.com/caselaws?id=284315 The Tribunal granted the stay application for the outstanding tax demand of Rs. 5,48,726, subject to the condition that the assessee would not seek adjournment of the reference application. The decision took into account the financial hardship faced by the assessee and the provisions of the Sick Industrial Companies Act. en-us Fri, 29 Mar 1996 00:00:00 +0530 Mon, 11 Nov 2019 18:09:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=284315 The Tribunal granted the stay application for the outstanding tax demand of Rs. 5,48,726, subject to the condition that the assessee would not seek adjournment of the reference application. The decision took into account the financial hardship faced by the assessee and the provisions of the Sick Industrial Companies Act. Case-Laws Income Tax Fri, 29 Mar 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=284315