2019 (3) TMI 1477 - HC - Income Tax

Stay of demand - rejection of application for stay of demand stating application as perused but it cannot be considered and directed to remit 20% of the disputed demand on or before 11/02/2019 - HELD THAT - The manner of disposal of the Stay Petition leaves much to be desired insofar as the order is wholly non-speaking. Accordingly, there shall be an order of interim stay as prayed for, for a period of two (2) weeks

Summary

The High Court of Madras granted an interim stay for two weeks in response to a petitioner's detailed stay petition filed under section 220(6) of the Income Tax Act, 1961. The court found the impugned order lacking in explanation and directed the respondent to file a counter referencing Circulars issued by the Income Tax Department. The next hearing is scheduled for 04.03.2019.