14 February 2020
Sir, We have filed appeal with CIT(A) on 31st Dec 2016, (at that time pre deposit rate was 15%). CBDT had hiked pre deposit rate to 20% in Aug 2017. The case is still pending with CIT(A) in 2020. Now Assessing officer is asking for additional 5% (20-15=5). We would like to know whether officer can demand such additional amount? if no, is there any supporting notification or circular?
14 February 2020
The office memorandum is issued by CBDT on 31-03-2017 to increase the percentile from 15 to 20. If the AO is insisting 20% for earlier appeals,the spirit of section 220(6) it self will loose and hence cannot be justified.
CAclubindia
