https://www.taxtmi.com/caselaws?id=306733 The Tribunal granted a stay on the recovery of outstanding demand for 180 days or until appeal disposal, emphasizing early appeal hearing. It found non-compliance with section 144B in the draft assessment order, lack of implementation of DRP directions in the final assessment order, and failure to consider evidence under section 68. The Tribunal highlighted the importance of following statutory provisions and due process in assessment proceedings under the Income-tax Act, 1961, while clarifying that stay observations would not impact the final appeal decision. en-us Fri, 24 Jun 2022 00:00:00 +0530 Wed, 22 Feb 2023 08:49:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=306733 The Tribunal granted a stay on the recovery of outstanding demand for 180 days or until appeal disposal, emphasizing early appeal hearing. It found non-compliance with section 144B in the draft assessment order, lack of implementation of DRP directions in the final assessment order, and failure to consider evidence under section 68. The Tribunal highlighted the importance of following statutory provisions and due process in assessment proceedings under the Income-tax Act, 1961, while clarifying that stay observations would not impact the final appeal decision. Case-Laws Income Tax Fri, 24 Jun 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=306733