https://www.taxtmi.com/caselaws?id=434753 The Tribunal held that the computation of 20% for the stay should be based on the total disputed demand, not the outstanding demand. The matter was remitted to the Assessing Officer to verify payment of 20% of the disputed demand and grant appropriate stay. If an adverse order was issued, no coercive action could be taken against the assessee for two weeks. The stay application was allowed for statistical purposes, with no coercive action for two weeks in case of an adverse order. en-us Mon, 03 Oct 2022 00:00:00 +0530 Fri, 03 Mar 2023 08:37:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=434753 The Tribunal held that the computation of 20% for the stay should be based on the total disputed demand, not the outstanding demand. The matter was remitted to the Assessing Officer to verify payment of 20% of the disputed demand and grant appropriate stay. If an adverse order was issued, no coercive action could be taken against the assessee for two weeks. The stay application was allowed for statistical purposes, with no coercive action for two weeks in case of an adverse order. Case-Laws Income Tax Mon, 03 Oct 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=434753