Tax Authority Sets Payment at 14% of Demand, Below Standard 20%; Reasoned Order Stands Without Interference.

Tax Authority Sets Payment at 14% of Demand, Below Standard 20%; Reasoned Order Stands Without Interference. https://www.taxtmi.com/highlights?id=48613 Stay of demand - when Pr. CIT has not mechanically required the Petitioners to pay 20% of the total demand, but has used the discretion, and passed a reasoned order, determining the amount payable at around 14% of the total demand - no interference is called for en-us Tue, 13 Aug 2019 13:53:37 +0530 Tue, 13 Aug 2019 13:53:37 +0530 TaxTMI RSS Generator Tax Authority Sets Payment at 14% of Demand, Below Standard 20%; Reasoned Order Stands Without Interference. https://www.taxtmi.com/highlights?id=48613 Stay of demand - when Pr. CIT has not mechanically required the Petitioners to pay 20% of the total demand, but has used the discretion, and passed a reasoned order, determining the amount payable at around 14% of the total demand - no interference is called for Highlights Income Tax Tue, 13 Aug 2019 13:53:37 +0530 https://www.taxtmi.com/highlights?id=48613