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2019 (1) TMI 214 - AT - Income TaxStay of demand - recovery proceedings - Held that:- If entire demand is recovered against the assessee, the purpose of the filing of the appeal would be frustrated. The interest of Revenue is also protected because the assessee has already paid substantial demand to the Revenue against the outstanding demand. The appeal of assessee is pending for disposal and appeals of assessee for another years on the same issue are also pending for disposal. Therefore, considering the totality of the facts and circumstances of the case, we stay the entire outstanding demand for a period of six months or disposal of the appeal whichever may expires earlier, subject to the condition that assessee shall not seek unnecessary adjournment in the matter. The Office is directed to fix the appeal of assessee for final hearing on 14.01.2019 the day when other appeals of the assessee on the same issue are fixed for final hearing.
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