[aaykarbhavan] Assessee couldn't seek complete stay on tax demand even when it had strong case in its favour; rules HC

Assessee couldn't seek complete stay on tax demand even when it had strong case in its favour; rules HC

April 24, 2014[2014] 44 taxmann.com 181 (Bombay)

IT: Where contention of revenue that in case a person was seeking exemption under section 11 then benefit of section 10 was not available, was prima facie negatived, a complete stay on tax attributable to income excluded under section 10 was unexceptionable

 

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Prarthana Jalan

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