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2013 (4) TMI 196 - HC - Income TaxStay - Petition is directed against the order passed by the Commissioner of Income Tax, whereby the petitioner's application seeking stay of demand for the assessment year 2010-11 has been disposed of by directing the petitioner to deposit 50% out of the balance demand of Rs. 22 crores, after giving adjustments for refunds due and the tax in relation to covered issues. - Held that - the matter should be remitted to the Commissioner of Income Tax for considering the question of stay after examining the decision in Nokia Corporation v. DIT (International Taxation) [2007 (5) TMI 202 - DELHI HIGH COURT] and Maruti Suzuki India Limited v. Deputy Commissioner of Income Tax: [ 2011 (11) TMI 312 - DELHI HIGH COURT] - However, till the Commissioner of Income Tax does not decide the application, no coercive measure be taken by the respondent to recover the amount in question.
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