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2006 (10) TMI 104 - BOMBAY HIGH COURTPetitioner is a local Authority – pendency of appeal – tax arrears - It has been granted a registration u/s 12A of IT Act, 1961. It is the case of the petitioner that it is eligible to claim exemption u/s 11 - Now, what has happened is that clause (20A) has been deleted from section 10. This clause (20A) deals with incomes which do not form part of total income and based thereon, now a demand has been raised for the claimed arrears of tax – petitioner was asked to deposit an amount of Rs. one crore towards these arrears which the petitioner has deposited. - Now, because the appeal is getting protracted, the Assistant Director of Income-tax has asked petitioner to pay 25 per cent. of the outstanding demand within a month - held that revenue will not insist on payment of the tax arrears during the pendency and disposal of the appeal which is pending before the Commissioner of Income-tax (Appeals) - recovery will not be insisted upon during the pendency of the appeal
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