https://www.taxtmi.com/caselaws?id=396262 The High Court set aside the order imposing a 25% deposit condition for a stay application against an assessment order, directing the Commissioner of Income Tax to hear the appeal within six months with a revised deposit requirement of 12.5% within one month. The impact of the Covid-19 pandemic on government dues collection was acknowledged, leading to the revision of the deposit requirement to accommodate the financial constraints faced by the government. The Court emphasized compliance with the revised deposit condition and granted the Commissioner authority to take necessary action in case of non-compliance. en-us Mon, 08 Jun 2020 00:00:00 +0530 Sat, 27 Jun 2020 21:55:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=396262 The High Court set aside the order imposing a 25% deposit condition for a stay application against an assessment order, directing the Commissioner of Income Tax to hear the appeal within six months with a revised deposit requirement of 12.5% within one month. The impact of the Covid-19 pandemic on government dues collection was acknowledged, leading to the revision of the deposit requirement to accommodate the financial constraints faced by the government. The Court emphasized compliance with the revised deposit condition and granted the Commissioner authority to take necessary action in case of non-compliance. Case-Laws Income Tax Mon, 08 Jun 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=396262