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2017 (1) TMI 1392 - HC - Income TaxStay of demand - pre-deposit - Held that:- There appears no justification in taking a different view as taken by the Division Bench. Learned Additional Commissioner, Income Tax while deciding the application for stay of demand under Section 220 (6) of Income Tax Act has directed the assessee to pay the entire demand in respect of additions in respect of land premium in five equal installments starting from the month of November, 2016 and the payment has to be done by 15.03.2017. So far as other payment's relating to other issues are concerned, the assessee has been directed to pay 15% of the said demand in five equal installments starting from the month of November, 2016 and total 15% amount has to be paid upto 05.03.2017 Additional Commissioner, Income Tax, Range-3 has rightly exercised his discretion and passed the impugned order. The impugned order does not suffer from any illegality or perversity and the appeal has to be decided on merits, therefore, without commenting upon the subject matter of the appeal, so far as the order dated 08.11.2016 is concerned, no interference is warranted in the matter.
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