Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 2019 (4) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2019 (4) TMI 516 - HC - Income TaxStay of the recovery of demand - Disallowance of TDS credit - Revenue states that she has been instructed to make a statement before this Court that if this Court proposes to grant any stay of the recovery of demand, the same shall be on condition of the Applicant depositing 50% of the demand notice - HELD THAT:- There is substance in the submission made by the learned Counsel for the Applicant. The Applicant is a Government of India Undertaking. Substantial amount of TDS claimed by the Applicant, is disallowed by the Revenue. Such amount is already lying deposited with the Revenue. We are inclined to grant unconditional stay for recovery of demand, pursuant to the Order dated 10.12.2018. It is ordered accordingly.
|