https://www.taxtmi.com/caselaws?id=394549 The High Court directed to keep the demand in abeyance until the appeal before the Commissioner of Income Tax (Appeals) is disposed of. The Court emphasized the questionable basis of the assessment and the lack of cross-examination of a crucial third party's statement. It stressed the importance of considering the pending appeal and ensuring justice by keeping the demand on hold. The Commissioner of Income Tax (Appeals) was ordered to decide the appeal within four months, with the notice of demand to be kept in abeyance until then. The Court's observations were limited to the stay application and not final findings on the case's merits. en-us Fri, 13 Mar 2020 00:00:00 +0530 Tue, 13 Jul 2021 16:26:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=394549 The High Court directed to keep the demand in abeyance until the appeal before the Commissioner of Income Tax (Appeals) is disposed of. The Court emphasized the questionable basis of the assessment and the lack of cross-examination of a crucial third party's statement. It stressed the importance of considering the pending appeal and ensuring justice by keeping the demand on hold. The Commissioner of Income Tax (Appeals) was ordered to decide the appeal within four months, with the notice of demand to be kept in abeyance until then. The Court's observations were limited to the stay application and not final findings on the case's merits. Case-Laws Income Tax Fri, 13 Mar 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=394549