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    <title>2012 (12) TMI 590 - BOMBAY HIGH COURT</title>
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    <description>A discretionary pre-deposit condition requiring 50% of the penalty for hearing an appeal on merits was upheld because the appellant did not substantiate any retraction of the incriminating statement before the authorities and failed to place credible material showing genuine financial hardship. In these circumstances, the Tribunal&#039;s direction could not be treated as unjustified, and no interference was warranted.</description>
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      <description>A discretionary pre-deposit condition requiring 50% of the penalty for hearing an appeal on merits was upheld because the appellant did not substantiate any retraction of the incriminating statement before the authorities and failed to place credible material showing genuine financial hardship. In these circumstances, the Tribunal&#039;s direction could not be treated as unjustified, and no interference was warranted.</description>
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