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ITAT issues guidelines for stay of demand.

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Messages - naveen

#1
"poor assessee who get a favourable decision from CIT(A) by hook and crook"
it is really amusing to find a poor assessee getting favourable decision from CIT(A) by hook and crook . Really great sense of humour.
#2
I agree. But we can't have the cake and eat it too.
#3
However, if such stand has already been taken in your case or if this stand is intended to be taken, the clients of the assessee who have paid the 'on money' would be exposed to the department for cash paid by them with corresponding tax and penalty obligations.