https://www.taxtmi.com/caselaws?id=312429 Interim stay against recovery pursuant to an assessment order was declined where the Court found the assessment to be supported by detailed examination of search and seizure material and therefore justified on the revenue's showing. The assessee's reliance on CBDT instructions governing recovery of disputed demand and the claim that the demand was excessively high-pitched did not establish sufficient grounds for interim relief on the facts presented. The Court rejected the stay-related request, while leaving the assessee free to seek relaxation before the Assessment Officer. en-us Thu, 05 Sep 2019 00:00:00 +0530 Fri, 16 Feb 2024 17:05:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=312429 Interim stay against recovery pursuant to an assessment order was declined where the Court found the assessment to be supported by detailed examination of search and seizure material and therefore justified on the revenue's showing. The assessee's reliance on CBDT instructions governing recovery of disputed demand and the claim that the demand was excessively high-pitched did not establish sufficient grounds for interim relief on the facts presented. The Court rejected the stay-related request, while leaving the assessee free to seek relaxation before the Assessment Officer. Case-Laws Income Tax Thu, 05 Sep 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=312429