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2013 (11) TMI 1378 - HC - Income TaxConditional stay for recovery of tax - Held that:- The department had already recovered almost 23% of tax demand by adjusting the refund due in case of assessee - The appeal of the petitioner for the assessment year 2010-11 is already fixed for hearing before the CIT(Appeals) - The appeal of the petitioner challenging the order withdrawing the registration granted under Section 12A of the Act, has been heard by the Tribunal and the order is awaited - The decision of the Tribunal will have an impact on petitioner's submission that the income is exempted under Section 11 of the Act - It is directed that the CIT(Appeals) will take up the appeal for Assessment Year 2010-11 for expeditious hearing as soon as the Tribunal passes an order on the above - The petition is disposed off.
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