https://www.taxtmi.com/caselaws?id=364103 The CBDT stay-of-demand norm prescribing a 15% deposit of the disputed tax demand is only a general guideline, not an inflexible rule, and the assessing authority and administrative Commissioner may vary it where the facts justify a different approach. Where the demand is high, the appeal is at the first appellate stage, and the additions appear arguable, insisting on the full deposit may be unduly onerous. On those facts, the deposit condition was modified and reduced to 7.5%, with immovable security required for the balance. en-us Mon, 12 Mar 2018 00:00:00 +0530 Thu, 19 Jul 2018 17:06:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=364103 The CBDT stay-of-demand norm prescribing a 15% deposit of the disputed tax demand is only a general guideline, not an inflexible rule, and the assessing authority and administrative Commissioner may vary it where the facts justify a different approach. Where the demand is high, the appeal is at the first appellate stage, and the additions appear arguable, insisting on the full deposit may be unduly onerous. On those facts, the deposit condition was modified and reduced to 7.5%, with immovable security required for the balance. Case-Laws Income Tax Mon, 12 Mar 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=364103