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2017 (7) TMI 1097 - HC - Income TaxEstimation of stay - Direction of tribunal to deposit 50% of the total tax demand - Held that:- This writ petition is disposed of with a slight notification of the direction given by the learned Tribunal that instead of 50% of the total tax demand, the petitioner-company may deposit 30% of the said total tax demand disputed before the learned Tribunal and if the petitioner-company has already deposited 20% of the tax demand in view of the aforesaid direction of the learned Tribunal, remaining 10% of the same also be deposited by the petitioner-company within the aforesaid period of one month as undertaken by the learned Senior counsel on behalf of the petitioner-company.
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