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

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....bunal 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 submitted that stay granted, if any, should be conditional and covered by bank guarantee in favour....

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