{"id":12862,"date":"2020-10-09T15:14:40","date_gmt":"2020-10-09T15:14:40","guid":{"rendered":"https:\/\/itatonline.org\/digest\/kersiwood-holdings-ltd-v-acit-2020-181-itd-170-mum-trib\/"},"modified":"2020-10-09T15:14:40","modified_gmt":"2020-10-09T15:14:40","slug":"kersiwood-holdings-ltd-v-acit-2020-181-itd-170-mum-trib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/kersiwood-holdings-ltd-v-acit-2020-181-itd-170-mum-trib\/","title":{"rendered":"Kersiwood Holdings Ltd. v. ACIT (2020) 181 ITD 170 (Mum) (Trib.)"},"content":{"rendered":"<p>Tribunal held that since authorities below had dealt with stay petitions of assessee in a reasonable manner and there was no perversity or unreasonableness in their approach, no occassion was there for Tribunal to interfere in impugned matter . Power of Tribunal to grant stay on collection\/recovery of demands during pendency of appeal could not be exercised in a routine manner simply on basis of an assessment of\u00a0prima facie\u00a0merits in appeal . ( AY. 2015 -16)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 254(2A): Appellate Tribunal \u2013Stay-   CIT (IT ) had already granted stay on collection of disputed demands till disposal of appeal on condition that assessee paid 30 per cent of demand- Order of stay being in a reasonable manner ,order is affirmed .   [ S.143(3) 144C] <\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[],"class_list":["post-12862","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-3ls","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/12862","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=12862"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/12862\/revisions"}],"predecessor-version":[{"id":12863,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/12862\/revisions\/12863"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=12862"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=12862"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=12862"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}