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Income Tax - Highlights / Catch Notes

Home Highlights May 2020 Year 2020 This

Stay petition - stay would be conditional on payment of 20% of ...


Principal Commissioner Must Follow Flipkart Precedent: 20% Payment Required for Stay Petition on Disputed Demand.

May 25, 2020

Case Laws     Income Tax     HC

Stay petition - stay would be conditional on payment of 20% of the disputed demand - the manner of exercise of power of the Principal Commissioner of Income Tax is detailed in Flipkart’s case - Pr.CIT directed to act accordingly.

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