https://www.taxtmi.com/caselaws?id=326111 Where an assessee had already complied with the stay conditions by paying the prescribed part of the disputed tax, the remaining dispute was limited to the requirement of furnishing a bank guarantee for the balance tax and penalty pending appeal. The Court followed its earlier consistent approach and accepted a personal bond as sufficient security in place of a bank guarantee. The stay in the appeals was therefore allowed to continue on the substituted security, and the writ petitions were disposed of accordingly. en-us Wed, 06 Jan 2016 00:00:00 +0530 Thu, 07 Apr 2016 10:13:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=326111 Where an assessee had already complied with the stay conditions by paying the prescribed part of the disputed tax, the remaining dispute was limited to the requirement of furnishing a bank guarantee for the balance tax and penalty pending appeal. The Court followed its earlier consistent approach and accepted a personal bond as sufficient security in place of a bank guarantee. The stay in the appeals was therefore allowed to continue on the substituted security, and the writ petitions were disposed of accordingly. Case-Laws VAT and Sales Tax Wed, 06 Jan 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=326111