Assessee couldn't be directed to pay part of demand during pendency of stay application: Bombay HC

IT : Where assessee was directed to pay 20 per cent of tax demand during pendency of appeal, in view of fact that right of appeal vested in assessee by virtue of Statute would be rendered illusory and nugatory if said demand was enforced and executed during pendency of appeal, impugned direction deserved to be set aside

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