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Income Tax - Highlights / Catch Notes

Home Highlights December 2023 Year 2023 This

Stay of demand during the pendency of the petitioner’s appeal ...

Case Laws     Income Tax

December 21, 2023

Stay of demand during the pendency of the petitioner’s appeal before CIT (A) - The petitioner’s plea of financial stringency based on its balance-sheet also inspires no confidence as according to the Assessing Officer, the accounts have not been properly maintained. Accordingly, the writ petition is dismissed. - HC

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