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Initiation of Recovery Proceeding without before disposing stay application is invalid
Case Law Details
- Case Name
- M/s. Capital IQ Information Systems India (P.) Ltd. Vs Assistant Commissioner of Income-tax (ITAT Hyderabad)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Related Assessment Year
- 2007-08
- Courts
- ITAT Hyderabad
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IN THE ITAT HYDERABAD BENCH ‘A’
Capital IQ Information Systems India (P.) Ltd.
versus
Assistant Commissioner of Income-tax, Cir. 1(2), Hyderabad
IT APPEAL NO. 1961 (HYD.) OF 2011
STAY APPLICATION NO. 96 (HYD.) OF 2012
[ASSESSMENT YEAR 2007-08]
JUNE 15, 2012
ORDER
D. Karunakara Rao, Accountant Member
By this application, assessee seeks stay of recovery of outstanding demand pending hearing and disposal of its appeal ITA No. 1961/Hyd/2011 for assessment year 2007-08 by this Tribunal.
2. Briefly stated, facts leading to the filing of the present application are that t...
