https://www.taxtmi.com/caselaws?id=432737 The court dismissed the petitioner's application for staying the demand, leading to the recovery of the entire amount of Rs.6,95,43,498. Despite the petitioner's argument that the rejection and recovery were contrary to circulars, the court found no relief could be granted at the current stage. The court directed an expeditious disposal of the appeal pending before the Commissioner of Income Tax (Appeals) within four weeks, emphasizing the need for prompt action by the petitioner in legal matters. en-us Tue, 20 Dec 2022 00:00:00 +0530 Thu, 12 Jan 2023 08:03:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=432737 The court dismissed the petitioner's application for staying the demand, leading to the recovery of the entire amount of Rs.6,95,43,498. Despite the petitioner's argument that the rejection and recovery were contrary to circulars, the court found no relief could be granted at the current stage. The court directed an expeditious disposal of the appeal pending before the Commissioner of Income Tax (Appeals) within four weeks, emphasizing the need for prompt action by the petitioner in legal matters. Case-Laws Income Tax Tue, 20 Dec 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=432737