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2021 (7) TMI 1320 - MADRAS HIGH COURTStay of demand - relief sought to direct the first respondent to entertain the petitioners' appeals on merits without insisting for any pre-deposit amount at the rate of 20% of the demand - HELD THAT:- Under Section 246A of the Income Tax Act, 1961 no such pre-deposit for preferring an appeal is contemplated. Thus, the petitioners are not liable to pay any pre-deposit for the purpose of considering the appeals. If at all the appeals are in order and in accordance with the other procedures contemplated, the said appeals are to be taken on file and to be disposed of on merits and in accordance with law and by affording opportunity to the petitioners as expeditiously as possible. Thus, the petitioners are not liable to make any pre-deposit in view of Section 246A of the Act. It is made clear that if any stay petitions are filed along with the appeals, the said petitions are also to be considered before passing final orders in the main appeals in accordance with law.
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