Court Rules No Pre-Condition Required for Stay Petition; 10% Deposit Imposed by Judge Deemed Improper. https://www.taxtmi.com/highlights?id=48484 Stay of demand - AO directed to pay 20% of demand for stay which was not complied - Ld. single Judge put precondition to 10% deposit to consider stay petition by CIT(A) - Since the statute does not stipulate any pre-condition, it is not just and proper for this court to insist upon any such pre-condition for consideration of the stay petitions even non-compliance of the conditions AO will not preclude the appellants from approaching the CIT(A) seeking stay en-us Wed, 07 Aug 2019 09:24:31 +0530 Tue, 06 Aug 2019 20:58:40 +0530 TaxTMI RSS Generator Court Rules No Pre-Condition Required for Stay Petition; 10% Deposit Imposed by Judge Deemed Improper. https://www.taxtmi.com/highlights?id=48484 Stay of demand - AO directed to pay 20% of demand for stay which was not complied - Ld. single Judge put precondition to 10% deposit to consider stay petition by CIT(A) - Since the statute does not stipulate any pre-condition, it is not just and proper for this court to insist upon any such pre-condition for consideration of the stay petitions even non-compliance of the conditions AO will not preclude the appellants from approaching the CIT(A) seeking stay Highlights Income Tax Wed, 07 Aug 2019 09:24:31 +0530 https://www.taxtmi.com/highlights?id=48484