https://www.taxtmi.com/caselaws?id=460300 The Tribunal's direction requiring a 15% pre-deposit of the penalty and security for the remaining amount as a condition for hearing the appeal was upheld as a reasonable balance between the appellants' hardship and the revenue's interest. The petitioner's request for complete waiver was rejected because the Tribunal found an arguable case but no basis for full exemption. The High Court held that the pre-deposit order was justified and that no interference in writ jurisdiction was warranted. The challenge therefore failed. en-us Thu, 15 Oct 2015 00:00:00 +0530 Sat, 18 Jan 2025 10:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=460300 The Tribunal's direction requiring a 15% pre-deposit of the penalty and security for the remaining amount as a condition for hearing the appeal was upheld as a reasonable balance between the appellants' hardship and the revenue's interest. The petitioner's request for complete waiver was rejected because the Tribunal found an arguable case but no basis for full exemption. The High Court held that the pre-deposit order was justified and that no interference in writ jurisdiction was warranted. The challenge therefore failed. Case-Laws FEMA Thu, 15 Oct 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=460300