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    <title>2017 (11) TMI 528 - MADRAS HIGH COURT</title>
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    <description>Interim stay in a Tamil Nadu Value Added Tax appeal was extended because the disputed tax had been sufficiently secured: the petitioner had paid 25% of the demand and furnished a bank guarantee for the balance. In these circumstances, continuation of the stay was treated as necessary to protect the pending appeal, and refusal to extend it was found unjustified. The appellate authority was directed to dispose of the appeal on merits and in accordance with law, while the interim stay was ordered to continue until that disposal, subject to the bank guarantee being kept alive.</description>
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    <pubDate>Tue, 24 Oct 2017 00:00:00 +0530</pubDate>
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      <link>https://www.taxtmi.com/caselaws?id=350649</link>
      <description>Interim stay in a Tamil Nadu Value Added Tax appeal was extended because the disputed tax had been sufficiently secured: the petitioner had paid 25% of the demand and furnished a bank guarantee for the balance. In these circumstances, continuation of the stay was treated as necessary to protect the pending appeal, and refusal to extend it was found unjustified. The appellate authority was directed to dispose of the appeal on merits and in accordance with law, while the interim stay was ordered to continue until that disposal, subject to the bank guarantee being kept alive.</description>
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      <pubDate>Tue, 24 Oct 2017 00:00:00 +0530</pubDate>
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