https://www.taxtmi.com/caselaws?id=269340 Discretion to fix or reduce pre-deposit will not be interfered with unless the exercise is arbitrary or unreasonable. The Tribunal upheld a reduced pre-deposit after recording a prima facie view on the merits in favour of the assessee, and the High Court noted that no substantial question of law arose from that approach. It further stated that section 73(3) does not make financial hardship a mandatory factor for waiver of pre-deposit. As the appellate discretion was exercised reasonably and without legal infirmity, the challenge to the order failed. en-us Fri, 09 Oct 2015 00:00:00 +0530 Thu, 05 Nov 2015 15:35:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=269340 Discretion to fix or reduce pre-deposit will not be interfered with unless the exercise is arbitrary or unreasonable. The Tribunal upheld a reduced pre-deposit after recording a prima facie view on the merits in favour of the assessee, and the High Court noted that no substantial question of law arose from that approach. It further stated that section 73(3) does not make financial hardship a mandatory factor for waiver of pre-deposit. As the appellate discretion was exercised reasonably and without legal infirmity, the challenge to the order failed. Case-Laws VAT and Sales Tax Fri, 09 Oct 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=269340