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Stay application couldn't be dismissed merely because a part of interest was liable to be paid on tax outstanding

August 7, 2019[2019] 109 386 (Madras)/[2019] 266 Taxman 298 (Madras)

INCOME TAX: Where in course of appellate proceedings, assessee filed an application for stay of demand, in view of fact that demand of tax and interest was substantial and, assessee had complied with direction issued by Tribunal in respect of payment of tax, stay application could not be dismissed merely on ground that a part of interest amount still remained unpaid
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