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| The Tax Publishers2020 TaxPub(DT) 1439 (Bom-HC) INCOME TAX ACT, 1961
Section 220
Appeal filed by assessee be taken on board by CIT(A) and to decide the same within a period of eight weeks and during the interregnum there shall be stay of the recovery of the demand.
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Recovery - Stay of demand - AO directed assessee to pay 20% of the demand -
Assessee filed application for stay against outstanding demand raised by AO. By order passed under section 220(3), AO directed assessee to pay 20% of the demand by way of five instalments as mentioned in the impugned order, pursuant to which recovery of the balance demand would be stayed. Held: It would be in the interest of justice if CIT(A) decides the appeal of assessee expeditiously and till such time to keep in abeyance the demand raised. Accordingly, appeal filed by assessee be taken on board by CIT(A) and to decide the same within a period of eight weeks and during the interregnum there shall be stay of the recovery of the demand.
REFERRED :
FAVOUR : Directions issued
A.Y. :
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