stay of demand

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....tay of demand<br> Query (Issue) Started By: - satbir singh wahi Dated:- 19-1-2013 Last Reply Date:- 21-3-2015 Income Tax<br>Got 1 Reply<br>Income Tax<br>The A.O. has given order u/s 143(3) , and raise....

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....d demand of Rs. 10 lacs . The assessee is going for appeal with CIT (Appeals). Whether demand of Rs. 10 lacs can be kept in abeyance till the disposal of appeal ? What is the procedure for stay of dem....

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....and. Reply By Rama Krishana: The Reply: You may submit an applicable to grant of stay before the AO or before the CIT(A) or higher forum, as the case may be, to keep the recovery proceedings in abey....

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....ance. If no stay is granted, revenue may initiate recovery Proceedings.<br> Discussion Forum - Knowledge Sharing ....