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    <title>2015 (12) TMI 1916 - BOMBAY HIGH COURT</title>
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    <description>Pending appeal, the High Court considered whether recovery of penalty under the impugned order should be stayed. The appeal had been admitted on substantial questions of law, and the appellant clarified that the challenge at this stage was confined to penalty, with tax already paid and no refund sought. On that basis, the Court found a prima facie case for interim protection and held that the balance of convenience favoured the assessee. A limited stay was granted to preserve the parties&#039; rights and equities during the appeal.</description>
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      <title>2015 (12) TMI 1916 - BOMBAY HIGH COURT</title>
      <link>https://www.taxtmi.com/caselaws?id=465707</link>
      <description>Pending appeal, the High Court considered whether recovery of penalty under the impugned order should be stayed. The appeal had been admitted on substantial questions of law, and the appellant clarified that the challenge at this stage was confined to penalty, with tax already paid and no refund sought. On that basis, the Court found a prima facie case for interim protection and held that the balance of convenience favoured the assessee. A limited stay was granted to preserve the parties&#039; rights and equities during the appeal.</description>
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      <pubDate>Mon, 14 Dec 2015 00:00:00 +0530</pubDate>
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