https://www.taxtmi.com/caselaws?id=777812 A faceless assessment produced a substantially inflated tax demand and the HC reduced onerous deposit conditions imposed for stay of demand, finding seizure of bank accounts and immovable property and modest annual income. The court directed the appellate authority to decide the appeal expeditiously, preferably within four months, and substituted the earlier deposit schedule with an interim payment of Rs.100,000 per month until either 5% of the outstanding demand is paid or the appellate decision is received. The assessee is restrained from alienating or mortgaging immovable property without prior written permission of the jurisdictional assessing officer. en-us Tue, 12 Aug 2025 00:00:00 +0530 Mon, 09 Feb 2026 13:24:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=777812 A faceless assessment produced a substantially inflated tax demand and the HC reduced onerous deposit conditions imposed for stay of demand, finding seizure of bank accounts and immovable property and modest annual income. The court directed the appellate authority to decide the appeal expeditiously, preferably within four months, and substituted the earlier deposit schedule with an interim payment of Rs.100,000 per month until either 5% of the outstanding demand is paid or the appellate decision is received. The assessee is restrained from alienating or mortgaging immovable property without prior written permission of the jurisdictional assessing officer. Case-Laws Income Tax Tue, 12 Aug 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=777812