https://www.taxtmi.com/caselaws?id=407247 Grant or refusal of stay must be based on a reasoned assessment of the governing factors, including a prima facie case, financial stringency, and balance of convenience. Non-speaking orders that mechanically direct further pre-deposit or bank guarantee without showing application of mind are unsustainable, especially where the stay application raises objections based on statutory charge and the merits of the assessment challenge. The HC set aside the impugned stay orders and remitted the stay applications for fresh consideration, with interim protection against recovery in the meantime. en-us Thu, 08 Apr 2021 00:00:00 +0530 Tue, 04 May 2021 08:53:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=407247 Grant or refusal of stay must be based on a reasoned assessment of the governing factors, including a prima facie case, financial stringency, and balance of convenience. Non-speaking orders that mechanically direct further pre-deposit or bank guarantee without showing application of mind are unsustainable, especially where the stay application raises objections based on statutory charge and the merits of the assessment challenge. The HC set aside the impugned stay orders and remitted the stay applications for fresh consideration, with interim protection against recovery in the meantime. Case-Laws VAT and Sales Tax Thu, 08 Apr 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=407247