https://www.taxtmi.com/caselaws?id=299820 The Tribunal granted a stay petition against the outstanding demand of &8377; 3,45,87,830 for assessment year 2009-10. The petitioner had already paid 50% of the total demand, and the Assessing Officer had stayed recovery until the appeal's disposal or 29/02/2016. The Tribunal found a prima facie case for granting a stay on the remaining outstanding demand and allowed the stay petition, staying the balance payment for 180 days or until the appeal's disposal. The appeal was scheduled for an expedited hearing in the category of stay granted cases, with the Tribunal's order pronounced on 11th December 2015. en-us Fri, 11 Dec 2015 00:00:00 +0530 Fri, 31 Dec 2021 08:51:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=299820 The Tribunal granted a stay petition against the outstanding demand of &8377; 3,45,87,830 for assessment year 2009-10. The petitioner had already paid 50% of the total demand, and the Assessing Officer had stayed recovery until the appeal's disposal or 29/02/2016. The Tribunal found a prima facie case for granting a stay on the remaining outstanding demand and allowed the stay petition, staying the balance payment for 180 days or until the appeal's disposal. The appeal was scheduled for an expedited hearing in the category of stay granted cases, with the Tribunal's order pronounced on 11th December 2015. Case-Laws Income Tax Fri, 11 Dec 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=299820