https://www.taxtmi.com/caselaws?id=752301 In a tax dispute involving a stay application against demand, the authority granted stay subject to deposit of 10% of the demand, and a brief order on the stay request was found sufficient because it did not decide the merits of the assessment. The petitioner's objection that its figures and particulars were not fully considered was rejected, and the position that a demand should be stayed merely because an appeal is filed was not accepted. The Supreme Court declined to interfere with the impugned judgment and dismissed the special leave petition, while clarifying that it had not commented on whether reference to the High-Pitched Scrutiny Assessment Committee was required. en-us Fri, 03 May 2024 00:00:00 +0530 Fri, 12 Jul 2024 11:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=752301 In a tax dispute involving a stay application against demand, the authority granted stay subject to deposit of 10% of the demand, and a brief order on the stay request was found sufficient because it did not decide the merits of the assessment. The petitioner's objection that its figures and particulars were not fully considered was rejected, and the position that a demand should be stayed merely because an appeal is filed was not accepted. The Supreme Court declined to interfere with the impugned judgment and dismissed the special leave petition, while clarifying that it had not commented on whether reference to the High-Pitched Scrutiny Assessment Committee was required. Case-Laws Income Tax Fri, 03 May 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=752301