https://www.taxtmi.com/caselaws?id=258750 Stay of demand pending appeal must be tested on settled factors such as prima facie case and balance of convenience. The article notes that an arguable challenge existed where the demand related to by-products from milling paddy, and that immediate recovery through freezing bank accounts would seriously prejudice public utility operations and the public interest. It also states that revenue's circular was only illustrative and could not be treated as exhaustive or inflexible. On that basis, recovery was stayed and coercive steps were restrained until the appeal was decided. en-us Thu, 09 Apr 2015 00:00:00 +0530 Mon, 20 Apr 2015 11:35:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=258750 Stay of demand pending appeal must be tested on settled factors such as prima facie case and balance of convenience. The article notes that an arguable challenge existed where the demand related to by-products from milling paddy, and that immediate recovery through freezing bank accounts would seriously prejudice public utility operations and the public interest. It also states that revenue's circular was only illustrative and could not be treated as exhaustive or inflexible. On that basis, recovery was stayed and coercive steps were restrained until the appeal was decided. Case-Laws Income Tax Thu, 09 Apr 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=258750