https://www.taxtmi.com/caselaws?id=248770 The High Court upheld the authority's discretion in determining the percentage of tax to be deposited pending appeal. The petitioner, an investment company, was directed to pay 25% of the total tax demanded in two installments. The first installment was due before the appeal hearing date, with the balance to be paid subsequently. The Court granted a stay on the demand pending appeal under the revised payment terms, without imposing any costs. en-us Thu, 12 Jun 2014 00:00:00 +0530 Tue, 24 Jun 2014 10:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=248770 The High Court upheld the authority's discretion in determining the percentage of tax to be deposited pending appeal. The petitioner, an investment company, was directed to pay 25% of the total tax demanded in two installments. The first installment was due before the appeal hearing date, with the balance to be paid subsequently. The Court granted a stay on the demand pending appeal under the revised payment terms, without imposing any costs. Case-Laws Income Tax Thu, 12 Jun 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=248770