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    <title>2024 (12) TMI 211 - ORISSA HIGH COURT</title>
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    <description>The pre-deposit condition for stay of the first appellate order was modified in light of a later notification aligning the State revenue position with the Central revenue reduction. The Court noted that the petitioner could not pursue the statutory appeal because the Tribunal had not yet been constituted, and that earlier directions for similarly placed assessees had required deposit of 10% of the disputed tax on appeal and a further 20% of the remaining disputed tax for stay. The stay deposit was therefore reduced to 10% of the remaining disputed tax.</description>
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      <link>https://www.taxtmi.com/caselaws?id=762631</link>
      <description>The pre-deposit condition for stay of the first appellate order was modified in light of a later notification aligning the State revenue position with the Central revenue reduction. The Court noted that the petitioner could not pursue the statutory appeal because the Tribunal had not yet been constituted, and that earlier directions for similarly placed assessees had required deposit of 10% of the disputed tax on appeal and a further 20% of the remaining disputed tax for stay. The stay deposit was therefore reduced to 10% of the remaining disputed tax.</description>
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