https://www.taxtmi.com/caselaws?id=395894 The High Court held that the demand of 20% for considering an appeal under Section 144 of the Income Tax Act was not mandatory. The Court directed the tax authorities to decide the appeal on its merits within six months without requiring the 20% deposit. The Court emphasized that the assessing officer or appellate authority must follow the High Court's directions when exercising appeal or stay powers under Section 226 of the Income Tax Act. The judgment clarified that the payment of 20% can be waived without a specific High Court order, based on the Full Bench and Division Bench judgments. en-us Mon, 25 May 2020 00:00:00 +0530 Fri, 12 Jun 2020 11:51:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=395894 The High Court held that the demand of 20% for considering an appeal under Section 144 of the Income Tax Act was not mandatory. The Court directed the tax authorities to decide the appeal on its merits within six months without requiring the 20% deposit. The Court emphasized that the assessing officer or appellate authority must follow the High Court's directions when exercising appeal or stay powers under Section 226 of the Income Tax Act. The judgment clarified that the payment of 20% can be waived without a specific High Court order, based on the Full Bench and Division Bench judgments. Case-Laws Income Tax Mon, 25 May 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=395894