Karnataka HC Orders Refund After Entire Tax Demand Was Recovered Despite Interim Stay

Cashfree Payments India Private Limited Vs PCIT (Karnataka High Court) The Karnataka High Court allowed the writ petition challenging an order relating to the petitioner’s request for waiver or dispensation of the 20% pre-deposit required for pursuing its appeal before the first appellate authority. The petitioner contended that the notice for personal hearing through video conferencing, issued on 8 March 2024 requiring appearance on 9 March 2024, did not provide sufficient opportunity to present its case. The petitioner also submitted that despite the High Court’s interim stay dated 17 Ap...