https://www.taxtmi.com/caselaws?id=397530 The Court upheld the order granting stay of recovery of tax demand for Assessment Year 2017-18, maintaining the requirement for the petitioner to pay 20% of the tax amount within a specified time frame. However, considering the petitioner's financial difficulties, an additional four weeks were granted for compliance. The Writ Petition was disposed of with directions for payment and installment settlement, with a warning of order vacation for non-compliance. The stay on tax recovery would continue until the Appeal by the CIT (Appeals) was resolved, with no costs awarded and related miscellaneous petitions closed. en-us Tue, 25 Feb 2020 00:00:00 +0530 Fri, 21 Aug 2020 10:12:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=397530 The Court upheld the order granting stay of recovery of tax demand for Assessment Year 2017-18, maintaining the requirement for the petitioner to pay 20% of the tax amount within a specified time frame. However, considering the petitioner's financial difficulties, an additional four weeks were granted for compliance. The Writ Petition was disposed of with directions for payment and installment settlement, with a warning of order vacation for non-compliance. The stay on tax recovery would continue until the Appeal by the CIT (Appeals) was resolved, with no costs awarded and related miscellaneous petitions closed. Case-Laws Income Tax Tue, 25 Feb 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=397530