https://www.taxtmi.com/caselaws?id=289366 The Tribunal granted the stay petition, extending the stay on the collection of an outstanding disputed demand for the assessment year 2012-13 amounting to Rs. 1029.21 Crore for a further period of 180 days or until the disposal of the appeal, whichever is earlier. The Tribunal emphasized that any adjournment sought by the assessee during the appeal hearing without valid reasons would automatically vacate the stay granted. The decision was made with consideration of the lack of change in circumstances and the delay in appeal disposal not being attributable to the assessee. en-us Fri, 26 Jul 2019 00:00:00 +0530 Tue, 28 Jul 2020 10:11:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=289366 The Tribunal granted the stay petition, extending the stay on the collection of an outstanding disputed demand for the assessment year 2012-13 amounting to Rs. 1029.21 Crore for a further period of 180 days or until the disposal of the appeal, whichever is earlier. The Tribunal emphasized that any adjournment sought by the assessee during the appeal hearing without valid reasons would automatically vacate the stay granted. The decision was made with consideration of the lack of change in circumstances and the delay in appeal disposal not being attributable to the assessee. Case-Laws Income Tax Fri, 26 Jul 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=289366