Remission of 50% of Disputed Tax: Madras HC stays Condition of Furnishing of Bank Guarantee [Read Order]

Remission of 50% of Disputed Tax - Disputed Tax - Tax - Madras High Court - Madras High Court stays Condition of Furnishing of Bank Guarantee - Bank Guarantee - Taxscan

The Madras High Court stayed the condition of furnishing of bank guarantee on remission of 50% of disputed tax. The petitioner in the matter is Burnt Umber Fashion Pvt. Ltd. The prayer in the writ petition is for issuance of writ of Certiorarified Mandamus calling for the records on the file of the Deputy Commissioner…

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