Tax Department Halts Further Recovery; 38% Already Recovered, Appeals Pending Over Two Years, Awaiting Resolution.

Stay of demand - already recovered 38% of demand - appeals are pending since over 2 years - Departmental circulars also envisage stay pending appeal before the CIT(A), ordinarily upon deposit of 20% of the disputed tax - No special circumstances are pointed out to permit the Department to carry out full recoveries - not permitted to any further recoveries till the disposal of appeals .....

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