https://www.taxtmi.com/caselaws?id=751017 Delhi HC allowed writ petition challenging stay orders requiring deposit of 40% and 20% of outstanding tax demand respectively. Court found both authorities failed to examine prima facie merits, likelihood of success, and undue hardship aspects while considering stay applications. The impugned orders were quashed as wholly unsustainable. Matter remitted to AO to examine stay applications afresh following legal position established in NASSCOM precedent. en-us Fri, 22 Mar 2024 00:00:00 +0530 Mon, 03 Mar 2025 12:09:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=751017 Delhi HC allowed writ petition challenging stay orders requiring deposit of 40% and 20% of outstanding tax demand respectively. Court found both authorities failed to examine prima facie merits, likelihood of success, and undue hardship aspects while considering stay applications. The impugned orders were quashed as wholly unsustainable. Matter remitted to AO to examine stay applications afresh following legal position established in NASSCOM precedent. Case-Laws Income Tax Fri, 22 Mar 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=751017