Wednesday 9 September 2015

AO rightly initiated recovery after rejecting stay petition as grounds for stay of demand weren't ac

IT : Where assessee moved application under section 220(6) before Assessing Officer for keeping in abeyance recovery proceedings till disposal of appeal filed against order of assessment and Assessing Officer held that grounds for keeping in abeyance recovery proceedings were not acceptable, since application lacked necessary material particulars, there was no infirmity in decision of Assessing Officer

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