https://www.taxtmi.com/caselaws?id=290594 The Appellate Tribunal granted a stay of demand for the Assessment Years in question, recognizing the financial difficulties faced by the assessee due to disallowances made under sections 68 and 69. The Tribunal acknowledged the impact on the assessee's business operations and directed the cases to be fixed for hearing in the next Division Bench. The decision aimed to provide relief to the assessee, considering the financial stringency and the legitimate revenue deprivation caused by the Revenue's demands. en-us Thu, 13 Jun 2013 00:00:00 +0530 Tue, 06 Oct 2020 14:22:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=290594 The Appellate Tribunal granted a stay of demand for the Assessment Years in question, recognizing the financial difficulties faced by the assessee due to disallowances made under sections 68 and 69. The Tribunal acknowledged the impact on the assessee's business operations and directed the cases to be fixed for hearing in the next Division Bench. The decision aimed to provide relief to the assessee, considering the financial stringency and the legitimate revenue deprivation caused by the Revenue's demands. Case-Laws Income Tax Thu, 13 Jun 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=290594