Court held that the 30 per cent of demand had already been recovered. Accordingly further recovery of tax demand is stayed till disposal of appeal by Tribunal.
PPK News Click Studio (P.) Ltd. v. Dy. CIT (2024) 300 Taxman 449 (SC) Editorial : PPK News Click Studio (P.) Ltd. v. Dy. CIT (2024) 165 taxmann.com 613 (Delhi)(HC), modified.
S. 220 : Collection and recovery-Assessee deemed in default-Pendency of appeal before Tribunal-30 per cent of demand had already been recovered-Further recovery of tax demand is stayed till disposal of appeal by Tribunal.[S. 220 (6), 254(1) Art. 136]
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