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2019 (4) TMI 669 - AT - Income TaxStay of recovery of demand - disallowance made u/s. 80JJAA - HELD THAT:- We find that assessee has already complied with the direction of the Jurisdictional High Court and remitted 20% of the disallowance made u/s. 80JJAA. Further assessee’s appeal for preceding assessment year which are on substantially similar grounds has been heard by this Tribunal and orders has been reserved. In the circumstances, we are of the opinion that it is a fit case for grant of stay. We stay the balance demand for a period of six months or till the disposal of the appeal whichever is earlier. In the result, the stay petition of the assessee stands allowed.
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