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Court Orders Stay on Tax Recovery if Petitioner Deposits 30% of Tax Demand Within One Week.

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Full Text of the Document

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....Stay petition - recovery proceedings - petitioner is willing to deposit 15% of the demanded amount - it seems appropriate to direct the income tax officer not to press for the encashment of the demand drafts, provided the petitioner deposits at least 30% of the demanded tax within a period of one week from today. - HC....