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2016 (1) TMI 255 - HC - Income TaxRejection of stay petition - Held that:- The petitioner is directed to pay 30% of the demand made by the authority concerned. Since the bank accounts of the petitioner are attached, the authority concerned is permitted to realise 30% of the demand and directed to raise the attachment forthwith made on the bank accounts of the petitioner. The second respondent Appellate Authority is directed to dispose of the appeal filed by the petitioner on merits and in accordance with law, after affording due opportunity of personal hearing to the petitioner as expeditiously as possible. Upon realisation of 30% demand as stated above, no further recovery shall be made till the disposal of the appeal by the second respondent.
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