https://www.taxtmi.com/caselaws?id=795286 Interim protection against vessel-wise assessments was considered where an assessee had opted for annual assessment and its consolidated return-processing intimation showed a final refund. The coexistence of assessment demands under the shipping-income provision and a refund intimation created an arguable controversy requiring deeper consideration. On this prima facie basis, operation and enforcement of the impugned assessment orders, demand notices, and consequential recovery proceedings were stayed pending final disposal of the writ petition. en-us Wed, 15 Jul 2026 00:00:00 +0530 Mon, 20 Jul 2026 09:37:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=795286 Interim protection against vessel-wise assessments was considered where an assessee had opted for annual assessment and its consolidated return-processing intimation showed a final refund. The coexistence of assessment demands under the shipping-income provision and a refund intimation created an arguable controversy requiring deeper consideration. On this prima facie basis, operation and enforcement of the impugned assessment orders, demand notices, and consequential recovery proceedings were stayed pending final disposal of the writ petition. Case-Laws Income Tax Wed, 15 Jul 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=795286