Ajmera Associates Limited. Versus Dy. Commissioner of Income Tax - Income Tax - BOMBAY HIGH COURT - HC - Stay of demand - Held that - It is open to the petitioner to appear before the Deputy Commissioner of Income Tax and satisfy him that an amount of Rs.1,48,79,983/- has been paid so far - The petitioner will pay to the revenue the balance amount so as to make it 50 percent of Rs.3,04,25,790/- within 10 days from today - Upon such deposit, the balance outstanding demand of 50 percent of the Rs.3,04,25,790/- ................................... Income Tax - Case Laws
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