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    <title>2003 (8) TMI 486 - KARNATAKA HIGH COURT</title>
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    <description>An order disposing of a stay application must show conscious application of mind to the materials and objections placed before the authority; a cryptic, mechanical direction to deposit 50 per cent of the disputed tax and furnish security for the balance is unsustainable. The High Court set aside the stay order because it had been passed without proper consideration of the relevant facts and contentions. Conditional interim protection was then granted in the pending appeal on payment of Rs. 1 crore within four weeks, and assessment proceedings were stayed until final disposal.</description>
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    <pubDate>Wed, 20 Aug 2003 00:00:00 +0530</pubDate>
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      <title>2003 (8) TMI 486 - KARNATAKA HIGH COURT</title>
      <link>https://www.taxtmi.com/caselaws?id=161599</link>
      <description>An order disposing of a stay application must show conscious application of mind to the materials and objections placed before the authority; a cryptic, mechanical direction to deposit 50 per cent of the disputed tax and furnish security for the balance is unsustainable. The High Court set aside the stay order because it had been passed without proper consideration of the relevant facts and contentions. Conditional interim protection was then granted in the pending appeal on payment of Rs. 1 crore within four weeks, and assessment proceedings were stayed until final disposal.</description>
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      <pubDate>Wed, 20 Aug 2003 00:00:00 +0530</pubDate>
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