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2017 (6) TMI 1237 - HC - Income TaxStay of demand - pre-deposit requirement - Held that:- As the learned Single Judge was perfectly justified in requiring the appellant to remit 15% of the disputed demand. Therefore, we do not find any merit in this appeal. Be that as it may, from the submissions made before us we are informed that a part of the amount due to satisfy the 15% as ordered by the learned Single Judge has already been remitted by the appellant. Taking note of the above and also the financial constraints that are projected before us, we allow the appellant a period of 8 weeks from today to satisfy the balance amounts that is due.
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