ITAT granted stay on recovery of demand relating to DDT and interest thereon

INCOME TAX : Where assessee has sought stay on collection/recovery of tax and interest demands in respect of dividend distribution tax, and interest thereon, under section 115-O/115Q, read with section 2(22)(a) on what is termed as a deemed dividend distribution of accumulated profits in course of a demerger transaction which took place in period relating to assessment year 2018-19,

from www.taxmann.com Latest Case Laws https://ift.tt/3wMAx1P