https://www.taxtmi.com/caselaws?id=447811 The Tribunal partly allowed the stay application, directing the assessee to provide a bank guarantee for 20% of the outstanding demand of Rs. 101,50,43,635. The recovery of the demand was stayed for 180 days or until the appeal's resolution, whichever is earlier. The Tribunal emphasized the need for an early hearing and required the parties to submit necessary documents timely. It warned that unnecessary adjournments could lead to the stay order being vacated. The order was pronounced in open court on a specified date. en-us Fri, 04 Aug 2023 00:00:00 +0530 Fri, 05 Jan 2024 12:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=447811 The Tribunal partly allowed the stay application, directing the assessee to provide a bank guarantee for 20% of the outstanding demand of Rs. 101,50,43,635. The recovery of the demand was stayed for 180 days or until the appeal's resolution, whichever is earlier. The Tribunal emphasized the need for an early hearing and required the parties to submit necessary documents timely. It warned that unnecessary adjournments could lead to the stay order being vacated. The order was pronounced in open court on a specified date. Case-Laws Income Tax Fri, 04 Aug 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=447811