https://www.taxtmi.com/caselaws?id=343108 The Madhya Pradesh High Court held that the earlier stay order required modification because CBDT office memoranda and binding tax circulars can be relied on to temper recovery proceedings. As the department itself had later directed deposit of 15% of the outstanding demand, the assessees were entitled to that limited deposit pending disposal of the appeals on merits. The result was that recovery was confined to 15% of the demand, with the appeals to proceed on merits. en-us Mon, 27 Mar 2017 00:00:00 +0530 Fri, 19 May 2017 07:48:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=343108 The Madhya Pradesh High Court held that the earlier stay order required modification because CBDT office memoranda and binding tax circulars can be relied on to temper recovery proceedings. As the department itself had later directed deposit of 15% of the outstanding demand, the assessees were entitled to that limited deposit pending disposal of the appeals on merits. The result was that recovery was confined to 15% of the demand, with the appeals to proceed on merits. Case-Laws Income Tax Mon, 27 Mar 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=343108