https://www.taxtmi.com/caselaws?id=300832 Orders rejecting stay of recovery of disputed tax demand were unsustainable because they were passed without reasons and without applying the settled guidelines for stay applications. The authority was required to briefly record the assessee's case, consider whether deposit or unconditional stay was warranted, assess pleaded financial hardship, and decide the request as a quasi-judicial authority balancing revenue interests against hardship. The HC set aside the impugned orders, remitted the stay applications for fresh consideration by a reasoned speaking order after hearing the parties, and restrained coercive recovery until that decision. en-us Mon, 23 Apr 2018 00:00:00 +0530 Sun, 27 Feb 2022 20:35:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=300832 Orders rejecting stay of recovery of disputed tax demand were unsustainable because they were passed without reasons and without applying the settled guidelines for stay applications. The authority was required to briefly record the assessee's case, consider whether deposit or unconditional stay was warranted, assess pleaded financial hardship, and decide the request as a quasi-judicial authority balancing revenue interests against hardship. The HC set aside the impugned orders, remitted the stay applications for fresh consideration by a reasoned speaking order after hearing the parties, and restrained coercive recovery until that decision. Case-Laws Income Tax Mon, 23 Apr 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=300832