1994 (9) TMI 130 - AT - Income Tax

Summary

The Appellate Tribunal ITAT DELHI-C heard a stay petition regarding a demand raised by the Revenue. The Tribunal directed the appeal to be fixed for hearing on an expedited basis, with the condition that the assessee make a payment of Rs. 1 lakh in two installments. The demand was stayed until November 30, 1994, to prevent coercive measures by the Department.