https://www.taxtmi.com/article/detailed?id=6710 The Board's circular partially modifies Instruction No. 1914 to require that, where a demand is disputed before the Commissioner (Appeals), the assessing officer shall grant a stay of recovery until disposal of the first appeal on payment of 15% of the disputed demand, subject to exceptions. Where the assessing officer considers a different pre deposit warranted, the matter must be referred to the administrative Pr. CIT/CIT for decision; an aggrieved assessee may seek Pr. CIT/CIT review. Stay petitions must be disposed of within two weeks, and AOs may impose conditions including undertakings and adjustment of refunds. en-us Tue, 01 Mar 2016 13:00:48 +0530 Tue, 01 Mar 2016 13:00:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=6710 The Board's circular partially modifies Instruction No. 1914 to require that, where a demand is disputed before the Commissioner (Appeals), the assessing officer shall grant a stay of recovery until disposal of the first appeal on payment of 15% of the disputed demand, subject to exceptions. Where the assessing officer considers a different pre deposit warranted, the matter must be referred to the administrative Pr. CIT/CIT for decision; an aggrieved assessee may seek Pr. CIT/CIT review. Stay petitions must be disposed of within two weeks, and AOs may impose conditions including undertakings and adjustment of refunds. Articles Income Tax Tue, 01 Mar 2016 13:00:48 +0530 https://www.taxtmi.com/article/detailed?id=6710