Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 2014 (6) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2014 (6) TMI 674 - HC - Income TaxStay of demand - held that:- The appellate authority has entertained the appeal and posted the same for final hearing on 17.06.2014. Though the stay application has been summarily rejected by the first respondent, it is the discretion of the authority regarding the demand of percentage to be deposited. However, taking into consideration the petitioner's request that their business is not good and that they are not in a position to pay 50% as directed by the first respondent, there could be a slight modification to the order passed. 50% amount ordered to be deposited in three installments - stay granted partly.
|