Tribunal granted the stay of demand subject to providing a reasonable security for an amount of 20 % of the disputed demand to the satisfaction of the Assessing Officer. (AY. 2018-19)
Grasim Industries Limited v. DCIT (2021) 211 TTJ 137 / 200 DTR 248 (Mum.)(Trib.)
S. 254(2A) : Appellate Tribunal-Stay-Stay is granted subject to providing a reasonable security for an amount of 20 % of the disputed demand to the satisfaction of the Assessing Officer. [S. 220(6)]