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    <title>2020 (9) TMI 1148 - ALLAHABAD HIGH COURT</title>
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    <description>The court directed the assessee to furnish a bank guarantee equivalent to 10% of the tax amount within four weeks instead of depositing the disputed tax amount as a precondition for the appeal hearing. This decision was made considering that similar issues had been adjudicated in the previous financial year and the matter had been remitted back to the Assessing Authority. The judgment aimed to address the concerns raised by the assessee and expedite the appeal process by allowing the appellate authority to proceed promptly upon the provision of the bank guarantee.</description>
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      <description>The court directed the assessee to furnish a bank guarantee equivalent to 10% of the tax amount within four weeks instead of depositing the disputed tax amount as a precondition for the appeal hearing. This decision was made considering that similar issues had been adjudicated in the previous financial year and the matter had been remitted back to the Assessing Authority. The judgment aimed to address the concerns raised by the assessee and expedite the appeal process by allowing the appellate authority to proceed promptly upon the provision of the bank guarantee.</description>
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