https://www.taxtmi.com/caselaws?id=755008 The HC of Madras directed the petitioner to remit Rs. 15 crore within two weeks, staying the impugned orders under Sections 201/201(1A) and 148 of the Income Tax Act pending statutory appeals. The court mandated filing appeals within ten days and set a three-month deadline for disposing of rectification petitions. It instructed the respondents to enable portal access for document uploads and suspended reassessment proceedings until the statutory appeals are resolved. The court emphasized the need for online filing and timely disposal of rectification petitions, focusing on interest payments to government entities. en-us Mon, 01 Jul 2024 00:00:00 +0530 Thu, 04 Jul 2024 08:18:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=755008 The HC of Madras directed the petitioner to remit Rs. 15 crore within two weeks, staying the impugned orders under Sections 201/201(1A) and 148 of the Income Tax Act pending statutory appeals. The court mandated filing appeals within ten days and set a three-month deadline for disposing of rectification petitions. It instructed the respondents to enable portal access for document uploads and suspended reassessment proceedings until the statutory appeals are resolved. The court emphasized the need for online filing and timely disposal of rectification petitions, focusing on interest payments to government entities. Case-Laws Income Tax Mon, 01 Jul 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=755008