https://www.taxtmi.com/caselaws?id=461324 The Tribunal granted a conditional stay on the recovery of outstanding tax demands for the assessment years 2017-18 and 2018-19. It required the assessee to pay Rs. 10,00,00,000 upfront, with the remainder contingent on the outcome of a pending rectification application for 2018-19. The Tribunal acknowledged that some issues had been previously decided in favor of the assessee, forming a basis for the stay. The recovery of the remaining demand was stayed for 180 days or until the appeal's resolution. An early hearing of the appeals was also directed. en-us Fri, 23 Sep 2022 00:00:00 +0530 Fri, 28 Mar 2025 19:00:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=461324 The Tribunal granted a conditional stay on the recovery of outstanding tax demands for the assessment years 2017-18 and 2018-19. It required the assessee to pay Rs. 10,00,00,000 upfront, with the remainder contingent on the outcome of a pending rectification application for 2018-19. The Tribunal acknowledged that some issues had been previously decided in favor of the assessee, forming a basis for the stay. The recovery of the remaining demand was stayed for 180 days or until the appeal's resolution. An early hearing of the appeals was also directed. Case-Laws Income Tax Fri, 23 Sep 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=461324