Stay of demand

There is nothing magical in the figure of 20%; to balance the equities the tax authorities may even grant stay the recovery on deposit of 5% or 10% as the circumstance may demand: HC

There is nothing magical in the figure of 20%; to balance the equities the tax authorities may even grant stay the recovery on deposit of 5% or 10% as the circumstance may demand: HC

4 years ago

There is nothing magical in the figure of 20%; to balance the equities the tax authorities may even grant stay…

The tax authorities should not get over zealousness to protect the interest of the revenue, 20% pre- deposit is not mandatory for stay: HC

The tax authorities should not get over zealousness to protect the interest of the revenue, 20% pre- deposit is not mandatory for stay: HC

4 years ago

The tax authorities should not get over zealousness to protect the interest of the revenue, 20% pre- deposit is not…

Exercise of discretion to grant stay on IT demand cannot be arbitrary & 20% pre- deposit is not mandatory: HC

Exercise of discretion to grant stay on IT demand cannot be arbitrary & 20% pre- deposit is not mandatory: HC

4 years ago

Exercise of discretion to grant stay on IT demand cannot be arbitrary & 20% pre- deposit is not mandatory: HC…

Stay of demand may be granted if additions were made are debatable and thus assessee has made prima facie case.

5 years ago

Stay of demand may be granted if additions were made are debatable and thus assessee has made prima facie case.…