https://www.taxtmi.com/caselaws?id=769063 ITAT Delhi granted conditional stay on recovery of outstanding tax demand of Rs. 230.97 crores for 180 days or until appeal disposal, whichever is earlier. The stay is conditional upon immediate recovery and adjustment of Rs. 39 crores from assessee's refund or deposit by assessee if no refund is due. AO must take immediate steps for recovery/adjustment. Both parties must cooperate in providing relevant information regarding refund adjustments. The appeal was adjourned sine-die pending DIN issue resolution. en-us Fri, 21 Feb 2025 00:00:00 +0530 Fri, 18 Apr 2025 08:38:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=769063 ITAT Delhi granted conditional stay on recovery of outstanding tax demand of Rs. 230.97 crores for 180 days or until appeal disposal, whichever is earlier. The stay is conditional upon immediate recovery and adjustment of Rs. 39 crores from assessee's refund or deposit by assessee if no refund is due. AO must take immediate steps for recovery/adjustment. Both parties must cooperate in providing relevant information regarding refund adjustments. The appeal was adjourned sine-die pending DIN issue resolution. Case-Laws Income Tax Fri, 21 Feb 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=769063