https://www.taxtmi.com/caselaws?id=430603 The High Court set aside the order dismissing the application for stay of demand under the Income Tax Act for Assessment Years 2013-14 to 2020-21. The Court remanded the matter to the Commissioner of Income Tax for a fresh decision, directing a personal hearing for the petitioner's representative. No coercive action was allowed until the stay application was decided, emphasizing the relaxation of the 20% deposit requirement based on case specifics. The Court highlighted the need for reasoned decisions considering factors like prima facie case, balance of convenience, and irreparable injury in stay applications. en-us Fri, 18 Nov 2022 00:00:00 +0530 Tue, 22 Nov 2022 15:30:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=430603 The High Court set aside the order dismissing the application for stay of demand under the Income Tax Act for Assessment Years 2013-14 to 2020-21. The Court remanded the matter to the Commissioner of Income Tax for a fresh decision, directing a personal hearing for the petitioner's representative. No coercive action was allowed until the stay application was decided, emphasizing the relaxation of the 20% deposit requirement based on case specifics. The Court highlighted the need for reasoned decisions considering factors like prima facie case, balance of convenience, and irreparable injury in stay applications. Case-Laws Income Tax Fri, 18 Nov 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=430603