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2020 (3) TMI 125 - HC - Income TaxConditional stay to the demand raised - AO directed the Petitioner to pay 20% of the demand by way of five instalments as mentioned in the impugned order, pursuant to which recovery of the balance demand would be stayed till 30.09.2020 or to be reconsidered thereafter - HELD THAT:- We are of the view that it would be in the interest of justice if the first appellate authority i.e. the Commissioner of Income Tax (Appeals) decides the appeal of the Petitioner expeditiously and till such time to keep in abeyance the demand raised in terms of the assessment order dated 27.12.2019. Accordingly, we direct that the appeal filed by the Petitioner be taken on board by the Commissioner of Income Tax (Appeals) and to decide the same within a period of eight weeks from the date of the receipt of an authenticated copy of this order and during the interregnum there shall be stay of the recovery of the demand pursuant to the assessment order dated 27.12.2019.
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