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2013 (9) TMI 112 - AT - Income TaxDeduction u/s 80U - Stay of demand order - Held that:- assessee is physically handicapped person, suffering from 52% physical disability because as per return of income, he is claiming deduction under section 80-U of the Income Tax Act, 1961. The assessee has also attached a copies of Income Tax returns for the assessment years 2010-2011, 2011-2012 & 2012 -2013 along with the computation of taxable income, which shows that the financial position of the assessee is very weak - it is a fit case for grant of stay of outstanding demand in dispute because the assessee has already paid Rs.15,22,450/- out of total demand in dispute and to meet ends of justice, it is sufficient to grant stay of demand - Decided in favour of assessee.
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