https://www.taxtmi.com/caselaws?id=466476 Application for stay of an income tax demand was refused while the installment facility was curtailed to 20 installments or until installments equal 20% of total tax liability or disposal of the appeal. The court observed the demand vastly exceeded returned income and tax paid, noted an interim deposit and an existing interim order, and recorded that the statutory appeal has been pending over 11/2 years. The court directed the Appellate Authority to decide the pending statutory appeal in accordance with law within three months from receipt of certified copy. en-us Tue, 24 Sep 2024 00:00:00 +0530 Mon, 09 Feb 2026 21:21:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=466476 Application for stay of an income tax demand was refused while the installment facility was curtailed to 20 installments or until installments equal 20% of total tax liability or disposal of the appeal. The court observed the demand vastly exceeded returned income and tax paid, noted an interim deposit and an existing interim order, and recorded that the statutory appeal has been pending over 11/2 years. The court directed the Appellate Authority to decide the pending statutory appeal in accordance with law within three months from receipt of certified copy. Case-Laws Income Tax Tue, 24 Sep 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=466476