https://www.taxtmi.com/caselaws?id=392650 The Tribunal allowed the Stay Application, extending the stay on the outstanding demand of Rs. 115,46,26,840. This decision was based on the prima facie case in favor of the assessee, the balance of convenience, and the absence of changes in facts from the previous stay extension. The Tribunal considered the delay in appeal disposal, financial position explanation, MAT credit allowance, plea rejection, and intervenor status in reaching this outcome. en-us Fri, 21 Feb 2020 00:00:00 +0530 Tue, 25 Feb 2020 06:51:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=392650 The Tribunal allowed the Stay Application, extending the stay on the outstanding demand of Rs. 115,46,26,840. This decision was based on the prima facie case in favor of the assessee, the balance of convenience, and the absence of changes in facts from the previous stay extension. The Tribunal considered the delay in appeal disposal, financial position explanation, MAT credit allowance, plea rejection, and intervenor status in reaching this outcome. Case-Laws Income Tax Fri, 21 Feb 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=392650