https://www.taxtmi.com/caselaws?id=461633 Recovery of an outstanding tax demand was sought to be stayed pending appeal on the ground that the demand was inflated by duplicated additions, the assessment order was infirm, and a substantial refund was available for adjustment. The ITAT Delhi declined to examine the merits at the stay stage, but granted conditional protection on the facts presented. It directed adjustment of the stated refund of Rs. 39 crores against the demand and stayed recovery of the balance demand for 180 days or until disposal of the appeal, whichever was earlier. The appeal was fixed for out-of-turn hearing, with a warning that unnecessary adjournment could lead to vacation of stay. en-us Fri, 09 Sep 2022 00:00:00 +0530 Thu, 17 Apr 2025 20:37:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=461633 Recovery of an outstanding tax demand was sought to be stayed pending appeal on the ground that the demand was inflated by duplicated additions, the assessment order was infirm, and a substantial refund was available for adjustment. The ITAT Delhi declined to examine the merits at the stay stage, but granted conditional protection on the facts presented. It directed adjustment of the stated refund of Rs. 39 crores against the demand and stayed recovery of the balance demand for 180 days or until disposal of the appeal, whichever was earlier. The appeal was fixed for out-of-turn hearing, with a warning that unnecessary adjournment could lead to vacation of stay. Case-Laws Income Tax Fri, 09 Sep 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=461633