TMI BlogAmendment of section 254.X X X X Extracts X X X X X X X X Extracts X X X X ..... essee deposits not less than twenty per cent. of the amount of tax, interest, fee, penalty, or any other sum payable under the provisions of this Act, or furnishes security of equal amount in respect thereof shall be inserted; (b ) for the second proviso, the following proviso shall be substituted, namely: Provided further that n ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... unal. It is proposed to amend the first proviso to sub-section (2A) of the said section so as to provide that no order of stay under the said proviso shall be passed by the Appellate Tribunal unless the assessee has deposited not less than twenty per cent. of the amount of tax, interest, fee, penalty, or any other sum payable under the provisions of this Act, or has furnished security of equal ..... X X X X Extracts X X X X X X X X Extracts X X X X
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