No Security required to be offered for portion of demand which revenue itself kept in abeyance

HIGH COURT OF KARNATAKA Commissioner of Income-tax versus IBM India (P.) Ltd. D.V.SHYLENDRA KUMAR AND B. SREENIVASE GOWDA, JJ. IT Appeal No. 31 of 2013 FEBRUARY  4, 2013 ORDER 1. The respondent- Assessee has filed IA II/2013 for vacating the interim order granted by this Court on 29.01.2013 staying the impugned order of the Tribunal questioned in this appeal. 2. We have heard the submission of learned Counsel on both sides at length on the application for vacating the stay. We also notice the Assessee had filed a memo dated 01.02.2013 annexing the letter dated 31.01.2013 iss...