Those planning to appeal against the demand raised by the income tax (I-T) department will now get a stay only if they shell out 20 per cent of the disputed amount. Earlier, a party seeking stay would have had to pay 15 per cent of the disputed amount.
In a modification to its earlier office memorandum, the Central Board of Direct Taxes (CBDT) said that the payment percentage was being revised from 15 per cent to 20 per cent of the disputed amount.
Earlier, the instructions directed the assessing officer to grant a stay of demand till the disposal of

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