https://www.taxtmi.com/caselaws?id=436721 A stay rejection under section 220(6) of the Income-tax Act, 1961 cannot stand where it is based on the erroneous view that the assessee falls outside the applicable stay instruction. The Madras HC set aside the order refusing to keep the demand in abeyance and remitted the stay petition to the Assessing Officer for fresh consideration on its own merits and in accordance with law, including Instruction No. 1914 as modified by the Office Memoranda dated 29.02.2016 and 31.07.2017. The merits of the assessment and additions were not adjudicated. en-us Fri, 23 Dec 2022 00:00:00 +0530 Wed, 19 Apr 2023 16:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=436721 A stay rejection under section 220(6) of the Income-tax Act, 1961 cannot stand where it is based on the erroneous view that the assessee falls outside the applicable stay instruction. The Madras HC set aside the order refusing to keep the demand in abeyance and remitted the stay petition to the Assessing Officer for fresh consideration on its own merits and in accordance with law, including Instruction No. 1914 as modified by the Office Memoranda dated 29.02.2016 and 31.07.2017. The merits of the assessment and additions were not adjudicated. Case-Laws Income Tax Fri, 23 Dec 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=436721