Assessing Officer had made unexplained cash credit addition under section 68 and raised demand on assessee.  Stay was granted to assessee, subject to payment of 20 per cent of demand in view of CBDT’s Office Memorandum dated 2-12-1993.  Assessee submitted that existence of a prima facie case, financial stringency faced by an assessee and balance of convenience in matter constitute trinity and are indispensable consideration for adjudicating stay applications.  However instant matter was not a case of mechanical reliance on circulars/office memorandums.  It was a case where identity of loan depositors, capacity of creditors to advance loans and genuineness of transaction were in serious dispute. Though it was open to statutory authorities to grant relief to deposit an amount lesser than 20 per cent, in instant case, a prima facie case was not made out and such a relief was not warranted. Circulars and Notifications  CBDT’s Office Memorandum dated 2-12-1993 as modified by Office Memorandum (OM) dated 29-2-2016 and 31-7-2017 (AY.  2017-18)