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20% Pre-Deposit Not Mandatory as Stay Must Consider Genuine Hardship: Karnataka HC

Case Law Details

Case Name
Instakart Services Private Limited Vs PCIT (Central) (Karnataka High Court)
Date of Judgement/Order
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Advertisement Instakart Services Private Limited Vs PCIT (Central) (Karnataka High Court) The Karnataka High Court considered a writ petition challenging orders rejecting the petitioner’s request for stay of tax demand for Assessment Year 2018-19 and seeking protection from recovery during the pendency of appeals. The petitioner contended that the authorities had incorrectly treated the requirement of depositing 20% of the disputed demand as a mandatory pre-condition for grant of stay by relying on the Circular dated 29.02.2016. The petitioner relied on an earlier decision of the High Cou...
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Author Info

CA Sandeep Kanoi
Qualification: CA in Job / Business
Company: Taxguru Consultancy
Location: Mumbai, Maharashtra
Articles Published: 18,551

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