On appeal to the Supreme Court\u00a0 the Court held that\u00a0 having regard to the fact that 30 per cent. of the demand had already been recovered by the Department, modified the order of the High Court, granting stay of further recovery of the outstanding dues pending disposal of the assessee\u2019s appeal before the Tribunal, and directing that the Tribunal shall consider the appeal on the merits and without being prejudiced or influenced by any of the observations of the High Court.(AY.2021-22)<\/p>\n","protected":false},"excerpt":{"rendered":"
S. 254(2A): Appellate Tribunal-Stay-Cash credits-Prescribing 20 Per Cent. predeposit of demand Income-Tax-Thirty Per Cent. of demand paid by assessee-Order of High Court is modified granting stay of recovery pending appeal to Tribunal-Tribunal is directed to decide appeal on merits without being influenced by observations of High Court.[S. 68, 220(6), Art. 136] <\/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-51724","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-dsg","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/51724","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=51724"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/51724\/revisions"}],"predecessor-version":[{"id":51725,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/51724\/revisions\/51725"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=51724"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=51724"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=51724"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}