2024 (9) TMI 1520

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.... of the appeal by the petitioner before the Commissioner of Income Tax (Appeals). 2. The case of the petitioner is that the second respondent has passed an assessment order dated 16.02.2024 denoting Rs. 60,85,600/- as additional income from other source under Section 69A of the Income Tax Act, 1961 and raised a demand of Rs. 57,72,878/-. Aggrieved by the same, the petitioner has preferred a statutory appeal before the first respondent and also filed a stay application before the third respondent. The third respondent, after considering the facts and circumstances of the case, passed the impugned order dated 30.07.2024, directing the petitioner to pay Rs. 11,54,600/- i.e. 20% of the impugned demand. Aggrieved over the said impugned order,....

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.... has been preferred by the petitioner. The third respondent has passed the impugned order directing the petitioner to pay 20% of the total disputed demand. Since the petitioner is a widow and facing financial problem, she expressed her hardship in paying 20% of the total disputed demand as directed as directed by the third respondent. 7. Considering the hardship expressed by the petitioner and the submissions made by the learned standing counsel for the respondents, this Court feels it appropriate to direct the petitioner to pay a sum of Rs. 2,50,000/- (Rupees Two Lakhs Fifty Thousand only) instead of 20% of the total disputed demand as directed by the 3rd respondent vide impugned order. 8. Accordingly, the petitioner petitioner is di....