https://www.taxtmi.com/caselaws?id=449398 The HC quashed the appellate authority's order requiring the petitioner to pay 20% of the disputed tax demand, citing a lack of reasoning. The case was remitted for re-consideration, instructing the authority to evaluate factors like the prima facie case, financial condition, and balance of convenience. The authority was directed to resolve the stay application within two months. The case was disposed of without costs, and related motions were closed. en-us Tue, 06 Feb 2024 00:00:00 +0530 Fri, 09 Feb 2024 10:35:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=449398 The HC quashed the appellate authority's order requiring the petitioner to pay 20% of the disputed tax demand, citing a lack of reasoning. The case was remitted for re-consideration, instructing the authority to evaluate factors like the prima facie case, financial condition, and balance of convenience. The authority was directed to resolve the stay application within two months. The case was disposed of without costs, and related motions were closed. Case-Laws Income Tax Tue, 06 Feb 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=449398