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2016 (7) TMI 478 - MADRAS HIGH COURT

2016 (7) TMI 478 - MADRAS HIGH COURT - TMI - Waiver of pre-depsoit - 1st respondent, while granting an order of interim stay, directed the petitioner to pay 25% of the disputed tax and to file Bank Guarantee to the satisfaction of the Assessing Officer for the balance tax - Held that:- In view of the submissions made by the learned counsel on either side, the order dated 07.04.2016 is modified by directing the petitioner to pay 25% of the disputed tax and to give Personal Bond for a sum of ͅ .....

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ating in its interim order on Stay Petition S.P.No.33/2016 dated 07.04.2016 in Appeal APC No.13/2016 and to quash the same and to direct the 1st respondent to dispose of the Appeal APC No.13/2016 on merits without insisting on any pre-deposit. 2. The learned counsel appearing for the petitioner submitted that by order dated 07.04.2016, the 1st respondent, while granting an order of interim stay, directed the petitioner to pay 25% of the disputed tax and to file Bank Guarantee to the satisfaction .....

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