https://www.taxtmi.com/caselaws?id=214578 The court modified the condition imposed for interim stay, directing the petitioner to satisfy the next installment within two weeks. Emphasizing the need for a balanced approach, the court highlighted the importance of considering both financial aspects and merits of the case in granting stay. The petitioner was granted the benefit of interim stay throughout the appeal process upon meeting the revised installment requirement. The court stressed the quasi-judicial role of the appellate authority and the necessity for a comprehensive assessment of all relevant facts in such decisions. en-us Mon, 18 Jun 2012 00:00:00 +0530 Sat, 07 Jul 2012 09:07:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=214578 The court modified the condition imposed for interim stay, directing the petitioner to satisfy the next installment within two weeks. Emphasizing the need for a balanced approach, the court highlighted the importance of considering both financial aspects and merits of the case in granting stay. The petitioner was granted the benefit of interim stay throughout the appeal process upon meeting the revised installment requirement. The court stressed the quasi-judicial role of the appellate authority and the necessity for a comprehensive assessment of all relevant facts in such decisions. Case-Laws Income Tax Mon, 18 Jun 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=214578