https://www.taxtmi.com/highlights?id=48072 Stay of demand - ACIT requiring to deposit 20% of the outstanding demand - only in ‘exceptional circumstances’ the discretion of the AO could be interfered with by the superior authority i.e either the assessment order is unreasonably high-pitched or a genuine hardship is likely to be caused to the Assessee - Petitioner has failed to make out a case of genuine hardship - no stay of the demand en-us Sat, 20 Jul 2019 09:20:59 +0530 Sat, 20 Jul 2019 09:20:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=48072 Stay of demand - ACIT requiring to deposit 20% of the outstanding demand - only in ‘exceptional circumstances’ the discretion of the AO could be interfered with by the superior authority i.e either the assessment order is unreasonably high-pitched or a genuine hardship is likely to be caused to the Assessee - Petitioner has failed to make out a case of genuine hardship - no stay of the demand Highlights Income Tax Sat, 20 Jul 2019 09:20:59 +0530 https://www.taxtmi.com/highlights?id=48072