2015 (9) TMI 71

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.... case of Maharana Shri Bhagwat Singh ji of Mewar v. ITAT[1997] 223 ITR 192 (Raj.) and Maheshwari Agro Industries v. Union of India [2012] 206 Taxman 375/17 taxmann.com 68 (Raj.) cited before the learned Commissioner of Income-tax, Bikaner and also the Assessing Authority wherein it has been held that if demand of tax raised by the Assessing Authority is more than twice the admitted tax liability, ....

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....ority and therefore the impugned assessment order as well as interim stay orders with the aforesaid conditions of deposit of 40% of the disputed demand are liable to be quashed. The matter require consideration. 3. Issue show cause notice to the respondents copy of this order may also sent to the respondents along with the notice. 4. Rule is made returnable within three weeks "Dasti Direct servi....