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2014 (10) TMI 77 - HC - Income TaxStay application – Imposition of condition – Held that:- The demand is high-pitched - But, what is reasonable and what is unreasonable, cannot really be determined, without reference to the facts of each case - The condition imposed by the respondents directing the petitioner to deposit the entire amount, in 15 instalments may be wrong - there are two options open to the Court - one is to set aside the order and to remand the matter back for a fresh consideration in accordance with law - The other is to impose a reasonable condition for the grant of stay and to direct the appeal itself to be disposed of - The second course of action appears to be a better course of action - an interim stay is granted the demand now made – Partial stay granted.
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