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Income Tax - Highlights / Catch Notes

Home Highlights June 2015 Year 2015 This

Stay of demand - assessee in default - Mere filing of appeal ...


High Court Rules Filing Appeal Doesn't Halt Tax Recovery; AO Can Impose Conditions During Appeal Process.

June 25, 2015

Case Laws     Income Tax     HC

Stay of demand - assessee in default - Mere filing of appeal does not suo-moto stay the recovery proceedings - AO is empowered to exercise his discretion, subject to conditions as he may think fit to impose in the circumstances of case, even though the time for payment has expired, as long as such appeal remains disposed of - HC

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