Clarity on stay by the Income Tax Appellate Tribunal (ITAT).

Stay conditions for appeals: security deposit requirement limits extensions and total stay period before tribunal under tax law.

The ITAT may grant a stay only if the assessee deposits or furnishes security equal to a prescribed proportion of the tax, interest, fee, penalty or other sums; extensions of stay are available only on application showing delay not attributable to the assessee and upon compliance with the deposit/security condition, and the total period of stay is subject to an overall statutory cap. Effective from 1 April 2020.