https://www.taxtmi.com/caselaws?id=788064 Stay of tax demand should account for prior findings that no tax deduction at source was required and that the assessee was not in default. Where the demand arises under a penalty-operating provision, those findings directly affect whether any deposit is necessary pending appeal. A condition requiring deposit of 20% of the outstanding demand without addressing the Tribunal's factual finding and earlier non-default determinations was set aside. The stay application was allowed without requiring payment of any part of the demand during the appeal's pendency. en-us Mon, 09 Mar 2026 00:00:00 +0530 Mon, 16 Mar 2026 08:42:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=788064 Stay of tax demand should account for prior findings that no tax deduction at source was required and that the assessee was not in default. Where the demand arises under a penalty-operating provision, those findings directly affect whether any deposit is necessary pending appeal. A condition requiring deposit of 20% of the outstanding demand without addressing the Tribunal's factual finding and earlier non-default determinations was set aside. The stay application was allowed without requiring payment of any part of the demand during the appeal's pendency. Case-Laws Income Tax Mon, 09 Mar 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=788064