https://www.taxtmi.com/highlights?id=66827 Stay of demand - recovery proceedings - pre-condition for grant of stay of recovery - the actual tax to be demanded, ranging from 0% to 100%, would depend upon the existence of three factors, viz., (i) prima facie case, (ii) financial stringency and (iii) balance of convenience and it is only upon a consideration of the aforesaid factors that the officer would dispose an application for stay. - This discussion does not find place in the present impugned order - Matter restored back - HC en-us Tue, 29 Nov 2022 17:46:00 +0530 Tue, 29 Nov 2022 17:46:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=66827 Stay of demand - recovery proceedings - pre-condition for grant of stay of recovery - the actual tax to be demanded, ranging from 0% to 100%, would depend upon the existence of three factors, viz., (i) prima facie case, (ii) financial stringency and (iii) balance of convenience and it is only upon a consideration of the aforesaid factors that the officer would dispose an application for stay. - This discussion does not find place in the present impugned order - Matter restored back - HC Highlights Income Tax Tue, 29 Nov 2022 17:46:00 +0530 https://www.taxtmi.com/highlights?id=66827