Karnataka High Court Allows Writ Petitions Against Income Tax Demand Stay Orders — Directs Stay of Recovery Pending Appeal Without Pre-deposit. Court holds that CBDT Instruction No. 96/2016 does not mandate pre-deposit of 15% as a condition for stay, and that the Assessing Officer must consider the assessee's financial hardship and prima facie case.
23 Feb 2017The petitioner, Flipkart India Private Limited, challenged three orders: two dated 23.11.2016 passed by the Assistant Commissioner of Income Tax refus...




