https://www.taxtmi.com/caselaws?id=355337 The Court modified the stay order, reducing the payment condition to 5% of the penalty amount in two installments, considering the petitioner's income and potential impact on his business. The Court refrained from determining the reasonable cause issue, leaving it for the Appellate Authority to decide during the appeal process. en-us Tue, 23 Jan 2018 00:00:00 +0530 Mon, 12 Feb 2018 21:08:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=355337 The Court modified the stay order, reducing the payment condition to 5% of the penalty amount in two installments, considering the petitioner's income and potential impact on his business. The Court refrained from determining the reasonable cause issue, leaving it for the Appellate Authority to decide during the appeal process. Case-Laws Income Tax Tue, 23 Jan 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=355337