Madras HC Orders Widow to Deposit ₹2.5 Lakh Against ₹57.7 Lakh Demand as pre-deposit on Income from Ancestral Property Sale [Read Order]
Considering the petitioner-widow's financial hardship and the fact that she is a widow, found it reasonable to reduce the required deposit and directed the petitioner to pay ₹2.5 lakh instead of the original 20%.
By Navasree A.M - On September 25, 2024 10:12 am - 2 mins read
In a recent decision, the Madras High Court has directed a widow to deposit ₹2.5 lakh as pre-deposit against a demand of ₹57.7 lakh raised by the Income Tax Department. The court did not support the decision of the department directing the widow to deposit 20% as she is already going through a financial crisis….
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