https://www.taxtmi.com/caselaws?id=791700 A stay order on recovery of tax demand must be based on an independent assessment of all relevant circumstances and supported by a reasoned, speaking determination. The Court found that a direction to pay part of the outstanding demand in instalments, without proper application of mind to the stay request and governing guidelines, could not stand. The order was therefore set aside, the matter was remitted for fresh consideration on merits, and recovery proceedings were kept in abeyance pending reconsideration. en-us Tue, 03 Feb 2026 00:00:00 +0530 Fri, 15 May 2026 09:15:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=791700 A stay order on recovery of tax demand must be based on an independent assessment of all relevant circumstances and supported by a reasoned, speaking determination. The Court found that a direction to pay part of the outstanding demand in instalments, without proper application of mind to the stay request and governing guidelines, could not stand. The order was therefore set aside, the matter was remitted for fresh consideration on merits, and recovery proceedings were kept in abeyance pending reconsideration. Case-Laws Income Tax Tue, 03 Feb 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=791700