Dismissing the petition the Court held that the Tribunal had duly applied its mind to the issue of a prima facie case. The prescription of 20 per cent. of the demand as predeposit was not an inviolable condition and the order of the Tribunal is affirmed. (AY.2021-22)
PPK Newsclick Studio Pvt. Ltd. v.Dy. CIT (2024)469 ITR 624 / 165 taxmann.com 613 (Delhi)(HC) Editorial : PPK Newsclick Studio Pvt. Ltd. v.Dy. CIT (2024)469 ITR 641 (SC), order modified.
S. 254(2A): Appellate Tribunal-Stay-Cash credits-Prescribing 20 Per Cent. predeposit of demand is justified-Order of Tribunal is sustained.[S.68, 220(6), Art. 226]
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