https://www.taxtmi.com/caselaws?id=251943 The High Court granted an interim stay of the demand subject to the petitioner depositing a specified sum within a set timeframe and directed the Appellate Commissioner to dispose of the appeal within four months. The Court emphasized the importance of a reasonable approach in such cases and acknowledged the high-pitched nature of the demand while providing options for resolution. The petitioner's challenge to the condition imposed for the grant of stay was partially successful, with the Court opting for a balanced approach in addressing the issue. en-us Wed, 24 Sep 2014 00:00:00 +0530 Mon, 06 Oct 2014 08:42:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=251943 The High Court granted an interim stay of the demand subject to the petitioner depositing a specified sum within a set timeframe and directed the Appellate Commissioner to dispose of the appeal within four months. The Court emphasized the importance of a reasonable approach in such cases and acknowledged the high-pitched nature of the demand while providing options for resolution. The petitioner's challenge to the condition imposed for the grant of stay was partially successful, with the Court opting for a balanced approach in addressing the issue. Case-Laws Income Tax Wed, 24 Sep 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=251943