https://www.taxtmi.com/caselaws?id=764944 The HC granted a stay on the outstanding tax demands for the assessment years 2016-17 and 2017-18 under the Black Money Act, 2015, subject to conditions. The court found that the assessee made a prima facie case for a stay by partially paying the disputed demand and proposing an installment plan for the remainder. The stay is valid for six months or until the appeal is resolved, whichever comes first, contingent on the assessee paying the remaining amount in three installments by March 31, 2025. The respondent agreed to the stay, pending verification of statutory payments. en-us Fri, 17 Jan 2025 00:00:00 +0530 Wed, 22 Jan 2025 08:21:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=764944 The HC granted a stay on the outstanding tax demands for the assessment years 2016-17 and 2017-18 under the Black Money Act, 2015, subject to conditions. The court found that the assessee made a prima facie case for a stay by partially paying the disputed demand and proposing an installment plan for the remainder. The stay is valid for six months or until the appeal is resolved, whichever comes first, contingent on the assessee paying the remaining amount in three installments by March 31, 2025. The respondent agreed to the stay, pending verification of statutory payments. Case-Laws Income Tax Fri, 17 Jan 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=764944