https://www.taxtmi.com/caselaws?id=293784 The Tribunal dismissed the stay application for the outstanding demand of Rs. 37,05,16,734 out of a total demand of Rs. 46,30,29,450 for Assessment Year 2015-16. Instead, the Tribunal granted early hearing of the appeal, setting a specific date for the hearing and instructing the assessee not to seek adjournment. If the Revenue sought adjournment, the entire amount would be automatically stayed. The decision was pronounced on 14th February 2020 at Chennai, rejecting the stay petition and providing procedural clarifications for subsequent hearings. en-us Fri, 14 Feb 2020 00:00:00 +0530 Wed, 03 Mar 2021 10:38:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=293784 The Tribunal dismissed the stay application for the outstanding demand of Rs. 37,05,16,734 out of a total demand of Rs. 46,30,29,450 for Assessment Year 2015-16. Instead, the Tribunal granted early hearing of the appeal, setting a specific date for the hearing and instructing the assessee not to seek adjournment. If the Revenue sought adjournment, the entire amount would be automatically stayed. The decision was pronounced on 14th February 2020 at Chennai, rejecting the stay petition and providing procedural clarifications for subsequent hearings. Case-Laws Income Tax Fri, 14 Feb 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=293784