VittSphere ONE Calculators Blog CA Prabhakar Kumar · FCA · ICAI 560762
Case lawSupreme Court › PCIT v LG Electronics India Pvt Ltd
Supreme CourtHelps departments.220(6)s.271(1)(c)

PCIT v LG Electronics India Pvt Ltd

Is 20% of the disputed demand a fixed price for a stay, or can the officer take less?

Is 20% of the disputed demand a fixed price for a stay, or can the officer take less?

Less is possible. The CBDT Office Memoranda of 29 February 2016 and 31 July 2017 do not fetter the quasi-judicial discretion of the officer or the Commissioner, who may on the facts grant stay on a deposit of under 20%.

Decided by the Supreme Court (Rohinton Fali Nariman J and Indu Malhotra J) on 2018-07-20, reported as Civil Appeal No. 6850 of 2018; [2018] 96 taxmann.com 656 (SC); [2018] 18 SCC 447. It bears on section 220(6), section 271(1)(c) of the Income Tax Act 1961, in Demand, Recovery & Stay matters.

Still good law. Followed by the Madras High Court in Air Liquide Medical Systems (P.) Ltd. v. Dy. CIT [2023] 155 taxmann.com 409 / [2023] 456 ITR 712 (Mad), decided 14 February 2022, whose case review records this decision as followed at para 21; applying it, that Court reduced a required deposit from 20 per cent to 15 per cent of a demand of about Rs 12.87 crores rather than remanding. This order reversed the Delhi High Court in WP(C) No. 6778/2017 dated 8 August 2017. Note its narrowness: it clarifies that a lesser deposit may be ordered on the facts of an individual case, and does not hold the Office Memoranda invalid.

Why it matters

Almost every stay application is met with '20% and no discussion'. This is the one-line Supreme Court answer to that: the percentage is guidance, the discretion is statutory, and the officer must actually exercise it.

Binding on every court and authority in India.

Not yet CA-verified. This entry was found through the sources listed under the Sources tab, and the summary reflects what those sources say. Nobody has yet read the full judgment and signed it off. Check the source before relying on it.

Work out the numbers

Interest on demand →

Read aloud by your device. Press again to stop.

Related

Other authorities on the same sections.

Used in these worked examples

Notice situations where this decision carries one of the steps.
A large demand, a fresh appeal, and the officer wants 20 per cent nowThe appeal is filed and the officer says pay 20 per cent or face recovery - what actually has to be paid?