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2020 (11) TMI 264 - AT - Income TaxStay of demand - recovery proceedings - HELD THAT:- Assessee has already paid a sum of ₹ 43.18 Lakhs out of the disputed demand of ₹ 1.85 Crores for all these three years, after the part relief granted by the CIT(A). Therefore, the payment made as claimed by the assessee after the assessment order is more than 20% of the disputed demand involved in these appeals. Since the assessee has made out prima-facie a good arguable case in these appeals and at least for the AYs.2005-06 and 2006-07 therefore when the assessee has already paid more than 20% of the disputed demand, then, the assessee deserves protection against the coercive action for recovery of the outstanding demand. Assessing Officer is restrained to take any coercive action for recovery of the balance outstanding demand for a period of three months or till the disposal of these three appeals, whichever is earlier.
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