Stay petitions before ITAT - Steps to be taken to protect the interests of Revenue - reg.

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Full Text of the Document

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....of recovery of demand moved by the assessees before the Income-Tax Appellate Tribunal need to be accorded utmost priority in order to ensure collection of locked-up demand.   2. To protect the interests of Revenue, the Departmental Representatives should move written submissions before the ITAT opposing the grant of stay on applications filed by assessees.   2.1. It should also be su....