Need Tally
for Clients?

Contact Us! Here

  Tally Auditor

License (Renewal)
  Tally Gold

License Renewal

  Tally Silver

License Renewal
  Tally Silver

New Licence
  Tally Gold

New Licence
 
Open DEMAT Account with in 24 Hrs and start investing now!
« From the Courts »
Open DEMAT Account in 24 hrs
 Attachment on Cash Credit of Assessee under GST Act: Delhi HC directs Bank to Comply Instructions to Vacate
 Income Tax Addition Made Towards Unsubstantiated Share Capital Is Eligible For Section 80-IC Deduction: Delhi High Court

Smt. Sangeeta Sawhney, C/o-M/s. RRA Taxindia, D-28, South Extension Part-1, New Delhi-110049 vs ACIT, Central Circle-7, New Delhi.
May, 19th 2020

The present stay application has been moved by the applicant seeking extension of stay against the recovery of outstanding demand of
Rs.1,00,24,218/-

2. The stay application was heard through video conferencing. The Ld. AR for the applicant fairly pointed out that he was seeking extension of stay against recovery of outstanding demand of Rs.1,00,24,218/- At the time of hearing, through video conferencing, the Ld. AR have also pointed out that in view of the order passed by the Tribunal in the case of M/s Steria (India) Limited in Stay
Application Nos. 225, 226 & 227/Del/2020, vide order dated 18.05.2020, in case, similar protection was given till the date of hearing then the interest of the assessee would be safeguarded. He also brought to our notice that the appeal is
listed for hearing on 11.06.2020.


3. The Ld. DR for the Revenue fairly agreed that at this juncture, the Hon’ble Delhi High Court has already extended that no recovery proceedings to take place till 15.06.2020.


4. We have heard the rival contentions and perused the record, wherein, the applicant has moved the present application for seeking extension of stay against the recovery of outstanding demand of Rs.1,00,24,218/- We find that due to the extraordinary circumstances arising on account of COVID-19 Virus, the Hon’ble Delhi High Court has taken suo-moto cognizance and initially passed an order where any interim orders concerning stay, etc. would stand automatically extended till 25.03.2020 or until further orders in W.P. Urgent 2/2020, vide order dated 25.03.2020. Thereafter, the Hon’ble Delhi High Court vide its order dated 15.05.2020 in W.P.(C) 3037/2020 has further extended the period of interim order till 15.06.2020 or until further orders. The observations of the Hon’ble Delhi High Court vide order dated 25.03.2020 and 15.05.2020 are as under:-

For more information

Home | About Us | Terms and Conditions | Contact Us
Copyright 2024 CAinINDIA All Right Reserved.
Designed and Developed by Ritz Consulting