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HC provides relief in 'high-pitched' tax assessment cases

In the case of an unreasonably ‘high-pitched’ assessment and tax demand, the assessee would be entitled to a stay on the tax demand, the Delhi High Court has said in a recent ruling. The court also held that Instruction No 96 of August 21, 1969, which permits stay in ‘high-pitched’ assessment cases, would still hold good, despite the fact that it has been superseded by another instruction later. A tax demand is called ‘high-pitched’ if the income-tax officer estimates the income to be at least more than twice the amount declared by the taxpayer. The ...