https://www.taxtmi.com/caselaws?id=754389 When a statutory appeal is pending and the prescribed pre-deposit has already been made, recovery of the balance disputed tax should ordinarily remain stayed unless special reasons are recorded for refusing interim protection. The High Court found that the order rejecting stay did not contain cogent reasons, while the merits of the assessment remained for the appellate tribunal. It therefore set aside the refusal of stay and granted protection against recovery during the appeal, subject to an additional deposit of 25% of the disputed tax, taking the total deposit to 50%. en-us Mon, 18 Mar 2024 00:00:00 +0530 Mon, 24 Jun 2024 08:10:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=754389 When a statutory appeal is pending and the prescribed pre-deposit has already been made, recovery of the balance disputed tax should ordinarily remain stayed unless special reasons are recorded for refusing interim protection. The High Court found that the order rejecting stay did not contain cogent reasons, while the merits of the assessment remained for the appellate tribunal. It therefore set aside the refusal of stay and granted protection against recovery during the appeal, subject to an additional deposit of 25% of the disputed tax, taking the total deposit to 50%. Case-Laws VAT and Sales Tax Mon, 18 Mar 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=754389