https://www.taxtmi.com/caselaws?id=394625 The Tribunal granted a stay on the outstanding demand of Rs. 820,85,85,000 and interest, subject to the assessee paying Rs. 200 crores within 30 days. The Tribunal directed the Assessing Officer to adjust a refund of Rs. 193.34 crores for A.Y. 2010-11 against the outstanding demand for A.Y. 2014-15. The stay was granted for 6 months or until the appeal's disposal, considering the assessee's prima facie case and financial condition. An out-of-turn hearing was scheduled, and the assessee was required to adhere to payment terms and the hearing schedule to maintain the stay. en-us Fri, 07 Feb 2020 00:00:00 +0530 Sat, 18 Apr 2020 15:15:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=394625 The Tribunal granted a stay on the outstanding demand of Rs. 820,85,85,000 and interest, subject to the assessee paying Rs. 200 crores within 30 days. The Tribunal directed the Assessing Officer to adjust a refund of Rs. 193.34 crores for A.Y. 2010-11 against the outstanding demand for A.Y. 2014-15. The stay was granted for 6 months or until the appeal's disposal, considering the assessee's prima facie case and financial condition. An out-of-turn hearing was scheduled, and the assessee was required to adhere to payment terms and the hearing schedule to maintain the stay. Case-Laws Income Tax Fri, 07 Feb 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=394625