Facts of the Case
Harakh Chand Glass Pvt. Ltd., Allahabad, filed an
appeal before the Income Tax Appellate Tribunal challenging additions made by
the Assessing Officer which resulted in a substantial tax demand. Pending
disposal of the appeal, the assessee filed a stay application seeking
suspension of recovery proceedings initiated by the department.
The assessee contended that immediate recovery
would cause undue hardship and that the appeal had strong merits.
Issues Involved
Whether the assessee was entitled to stay of
recovery of the disputed tax demand during the pendency of the appeal before
the Tribunal.
Petitioner’s (Assessee’s) Arguments
- The appeal raised substantial legal and factual issues and had a
strong prima facie case
- Recovery of the demand would cause serious financial hardship
- The balance of convenience favored grant of stay
- The assessee was willing to comply with reasonable conditions
imposed by the Tribunal
Respondent’s (Revenue’s) Arguments
The Revenue opposed the stay application, arguing
that tax demands raised through due process should not ordinarily be withheld.
It contended that the assessee had not demonstrated sufficient grounds for
complete suspension of recovery and that the department was entitled to proceed
with collection of lawful dues.
Court Order / Findings (ITAT)
The Tribunal examined the facts, the nature of
additions under challenge, and the financial position of the assessee. It
reiterated that grant of stay of demand is discretionary and must be guided by
established principles, namely:
- Existence of a prima facie case in favor of the assessee
- Likelihood of irreparable financial hardship if recovery proceeds
- Balance of convenience between the parties
Important Clarification
The ruling emphasizes that stay of tax demand is
not automatic upon filing an appeal. The assessee must demonstrate genuine
hardship and arguable merits. Tribunals typically impose conditions such as
partial payment or security to safeguard revenue interests while protecting
taxpayers from coercive recovery.
Link to download the order –https://itat.gov.in/public/files/upload/1582539755-HARAKH-60&SA-01.pdf
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