CBDT’s Office Memo (Instr No.1914) does not Mandate 20% Remittance of Disputed Tax for Stay Application: Madras HC [Read Order]
The court noted that the grant of stay involves discretionary jurisdiction, and it does not sit in appeal over such discretion
By Navasree A.M - On May 11, 2024 2:33 pm - 2 mins read
In a recent ruling, the Madras High Court ruled that the Office Memorandum (Instruction No.1914) of the Central Board of Direct Taxes ( CBDT ) does not mandate 20% remittance of the disputed tax for stay application. The bench noted that the appellate authority did not examine whether the petitioner had made out a prima…
Your free access to Taxscan has Expired
To read the article, get a premium account.
Taxscan Premium
Why should you subscribe?
Enjoy our website without interruptions from advertisements
Receive Daily newsletters
Receive realtime Telegram/Whatsapp news updates
Download original Judgements / Order / Notifications / Circulars, etc
