Deposit Condition Removed Because Additions Already Decided in Assessee’s Favour

Expeditors International of Washingtion Vs ACIT (Delhi High Court) The writ petition challenged an order dated 14 July 2022 passed under Section 254 of the Income Tax Act directing the petitioner to deposit ₹5 crore against outstanding demand for Assessment Year 2018-19. The petitioner argued that the direction was arbitrary because the underlying additions had already been decided in its favour by the Tribunal in the preceding seven assessment years. The Respondents contended that grant of stay requires not only a prima facie case but also satisfaction regarding balance of convenience and i...