Whether the condition of pre-deposit of 20% tax is a mandate for entertaining stay application per se?

Adv. Ravish Bhatt, ADIT, CIOT , Last updated: 05 September 2022  
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In terms of modified instruction No. 1914 dated 21.03.1996 issued by CBDT, payment required to be made by the assessee as a precondition for stay of demand disputed before CIT(A) is 20%. Many confuse this to be a precondition of absolute nature for obtaining stay under any circumstance, which is

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Adv. Ravish Bhatt, ADIT, CIOT
(Dual Qualified Lawyer/ Solicitor, International Tax Affiliate, CIOT)
Category Income Tax   Report

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