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2019 (1) TMI 683 - AT - Income TaxStay of disputed outstanding demand - Held that:- As submitted by the assessee that the assessee is not in a position to make any further payment of the disputed outstanding tax and the assessee will be satisfied if early hearing is granted by rejecting this stay petition but in that case, the revenue should be directed for not taking any coercive measures for recovery till the end of the week in which the hearing is fixed. DR of the revenue had no objection regarding granting of early hearing by rejecting the stay petition. As considered the rival submissions and in view of the facts discussed above, we reject the stay petition and grant early hearing. The hearing of the appeal is fixed on 10.12.2018 and the revenue is directed that no coercive measures for recovery should be adopted by the revenue till 14.12.2018. Since the date of hearing was pronounced in open court, no notice of hearing is required to be issued. Stay petition filed by the assessee is dismissed.
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