Delhi HC Barred Income Tax Recovery After Payment of 20% of Disputed Demand

Shree Krishna Steel Traders Vs Union of India & Ors. (Delhi High Court) In a writ petition before the Delhi High Court, the petitioner sought protection against recovery of an outstanding income tax demand during the pendency of a statutory appeal, relying on a stay granted by the Assessing Officer on 19.01.2024. The stay covered the remaining demand for Assessment Year 2021–22 after the petitioner had paid 20% of the disputed amount, consistent with the applicable office memoranda. Despite the subsisting stay, the Centralised Processing Center (CPC) recovered a sum of ₹6,45,010/-. The...