https://www.taxtmi.com/caselaws?id=297361 The Appellate Tribunal ITAT MUMBAI granted a stay on the recovery of the balance tax amount and interest for the assessee. The Tribunal directed the Assessing Officer to adjust the refund due to the assessee, finding a prima facie case in favor of the assessee. The stay was provided for a period of six months or until the appeal's disposal on merits, with an early hearing scheduled. Any delays by the assessee would lead to the vacation of the stay. The decision aimed to alleviate financial burden and ensure a fair opportunity for the assessee in the pending appeal. en-us Fri, 18 Mar 2016 00:00:00 +0530 Tue, 31 Aug 2021 22:17:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=297361 The Appellate Tribunal ITAT MUMBAI granted a stay on the recovery of the balance tax amount and interest for the assessee. The Tribunal directed the Assessing Officer to adjust the refund due to the assessee, finding a prima facie case in favor of the assessee. The stay was provided for a period of six months or until the appeal's disposal on merits, with an early hearing scheduled. Any delays by the assessee would lead to the vacation of the stay. The decision aimed to alleviate financial burden and ensure a fair opportunity for the assessee in the pending appeal. Case-Laws Income Tax Fri, 18 Mar 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=297361