New Delhi, Feb. 24 -- Adverse tax assessments by tax authorities often result in additional tax liabilities, commonly known as "tax demand." Under the Income-tax Act (IT Act), taxpayers must pay the tax demand within 30 days of receiving the demand notice. While they have the right to challenge an adverse order before a higher forum, the complexity of managing the tax demand remains an independent challenge-one that requires urgent attention.

The Assessing Officer (AO) has the discretion to grant a stay on the tax demand while an appeal is pending before the commissioner, provided the taxpayer demonstrates valid grounds. However, obtaining a stay order is often a cumbersome and inefficient process. Taxpayers frequently need to follow up ...