https://www.taxtmi.com/caselaws?id=249864 The High Court held that the variation in the conditions of the stay granted by the Tribunal was not justified and modified the order to remove the variation. The Tribunal extended the stay of the outstanding demand for a further period of six months or until the appeal order is passed, whichever is earlier. The Tribunal considered the lack of change in circumstances and the assessee's prima facie case in making this decision, despite the Department's arguments against the extension based on changes in facts and circumstances and the applicability of the third proviso to section 254(2A). en-us Fri, 18 Jul 2014 00:00:00 +0530 Sun, 27 Jul 2014 10:17:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=249864 The High Court held that the variation in the conditions of the stay granted by the Tribunal was not justified and modified the order to remove the variation. The Tribunal extended the stay of the outstanding demand for a further period of six months or until the appeal order is passed, whichever is earlier. The Tribunal considered the lack of change in circumstances and the assessee's prima facie case in making this decision, despite the Department's arguments against the extension based on changes in facts and circumstances and the applicability of the third proviso to section 254(2A). Case-Laws Income Tax Fri, 18 Jul 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=249864