HC sets aside ITAT order declining stay on Rs 1,200 cr demand on Samsung

The Delhi High Court (HC) on Monday set aside the Income Tax Appellate Tribunal (ITAT)’s November 22 order dismissing Samsung India’s application seeking stay on the tax department’s demand for Rs 1,213 crore.

By doing this, the HC has allowed the writ petition filed by Samsung India against the ITAT order wherein the tribunal had dismissed its plea as being premature since no coercive action was yet initiated by the tax department.