Notice from tax recovery officer
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
12 April 2013
Dear all,
I have my companies appeal pending at CIT Appeals level for a demand of Rs.20 lakh for the AY 2009-10. This may be resolved in next 3-4 months time.
Meanwhile, i have received a notice from Tax Recovery officer demanding to pay within 15 days time otherwise he will start recovery proceedings.
what is the way out?? Please take this as urgent query
I have my companies appeal pending at CIT Appeals level for a demand of Rs.20 lakh for the AY 2009-10. This may be resolved in next 3-4 months time.
Meanwhile, i have received a notice from Tax Recovery officer demanding to pay within 15 days time otherwise he will start recovery proceedings.
what is the way out?? Please take this as urgent query
13 April 2013
apply for stay on recovery proceedings. normally stays are not granted that easily though
15 April 2013
Yes stay is the only option. you should demonstrate in the stay, if possible, as to how the demand may not subsist post the cit(appeal). this can be done if the matter is factual, or is covered by some existing case law
10 July 2013
Since you have not moved stay petition before the Assessing Officer you are assessee in default. Now, you move petition before AO u/s 220(6) for stay of demand and do not pursue for disposal and give a letter to the TRO that your stay petition is pending. Meanwhile your appeal will be decided. So your problem is resolved.
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