Court Rules No Pre-Condition Required for Stay Petition; 10% Deposit Imposed by Judge Deemed Improper.

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....Stay of demand - AO directed to pay 20% of demand for stay which was not complied - Ld. single Judge put precondition to 10% deposit to consider stay petition by CIT(A) - Since the statute does not stipulate any pre-condition, it is not just and proper for this court to insist upon any such pre-condition for consideration of the stay petitions even non-compliance of the conditions AO will not preclude the appellants from approaching the CIT(A) seeking stay....