Tax tribunal grants stay of demand, to enable builder to pay workers

A construction company, which during the Covid-19 pandemic, wanted to take care of its workers, support staff and employees and was unable to do so, because of an outstanding Income-tax (I-T) demand of Rs 2.91 crore, frozen bank accounts and attachment of its debtors has obtained a favourable order from the Income-tax Appellate Tribunal (ITAT).

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