https://www.taxtmi.com/caselaws?id=428595 The Tribunal granted a stay of recovery of outstanding tax arrears amounting to Rs.132.48 crore for assessment years 2015-2016 to 2018-2019. This decision was based on the similarity of issues raised in the current appeals to those addressed in earlier years, which had been remanded by the Tribunal for fresh assessment. Referring to a previous decision by the Hon'ble Delhi High Court, the Tribunal noted that outstanding demand arising from issues decided in favor of the assessee in earlier assessment years could not be recovered. The stay was allowed for 180 days or until the final disposal of the appeals, considering the significant hardship denying the stay would cause to the assessee. en-us Fri, 16 Sep 2022 00:00:00 +0530 Tue, 04 Oct 2022 17:56:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=428595 The Tribunal granted a stay of recovery of outstanding tax arrears amounting to Rs.132.48 crore for assessment years 2015-2016 to 2018-2019. This decision was based on the similarity of issues raised in the current appeals to those addressed in earlier years, which had been remanded by the Tribunal for fresh assessment. Referring to a previous decision by the Hon'ble Delhi High Court, the Tribunal noted that outstanding demand arising from issues decided in favor of the assessee in earlier assessment years could not be recovered. The stay was allowed for 180 days or until the final disposal of the appeals, considering the significant hardship denying the stay would cause to the assessee. Case-Laws Income Tax Fri, 16 Sep 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=428595