Dear Experts,
I want to file an appeal and i want to know that shall i mandatorily pre deposit some percentage of Demand OR Can i get a stay from AO or CIT(A)
Earlier Stay provision was there but i think there is some change in the said provision.
Thanks in advance.
Pre-deposit requirement for tax appeals: whether a mandatory pre-deposit or administrative stay is required on appeal. Query concerns whether a mandatory pre-deposit of the tax demand is required to file an appeal against assessment and whether an administrative stay of recovery can be obtained from the assessing officer or the appellate authority pending the appeal, noting a change to earlier stay provisions. (AI Summary)