Application for stay of demand couldn’t rejected without considering plea of financial hardship

INCOME TAX: Where Assessing Officer disposed off application for stay of demand filed by assessee by way of passing a cryptic non-speaking order holding that assessee must immediately pay 20 per cent of tax demand, since impugned order did not deal with aspects of prima facie case, financial stringency and balance of convenience, same was to be set aside

from www.taxmann.com Latest Case Laws https://www.taxmann.com/topstories/101010000000194262/application-for-stay-of-demand-couldn’t-rejected-without-considering-plea-of-financial-hardship.aspx