2025 (7) TMI 1920

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....an Dubey - Advocate. For the Respondent: Shri Harsh Parashar - Advocate. 1. Heard on I.A.Nos.5124/2025 and 5127/2025 applications for stay. 2. By way of these applications the appellant is seeking interim relief that respondent be directed not to take coercive action for recovery of the amount as assessed by the Assessing Officer after remand by ITAT. 3. Learned counsel for the appella....

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....evelopment Authority Vs. Commissioner of Income Tax [2023] 155 Taxmann.com 610 (SC) wherein the order of High Court directing deposit of 20% while admitting the ITA has been upheld and another order of High Court of Delhi in the case of PPK Newsclick Studio (P.) Ltd. Vs. Deputy Commissioner of Income Tax, Central [2024] 165 taxmann.com 613 (Delhi) whereby after detailed discussion on the aforesaid....

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.... Order Additions made in (Rs.) Demand raised (in Rs.) 2017-18 31.01.2025 1. On account of Net Profit Rs. 10,33,592/-   2. Unexplained cash credit u/s 68 Rs. 3,57,27,675/- Rs. 4,58,53,030/- 2018-19 03.02.2025 1. Unexplained cash credit u/s 68 Rs. 51,50,000/-   2. Unexplained expenditure u/s 69C Rs. 4,97,594/- 3.Unexplained expenditure u/s 69C Rs. 34,01,....