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TMI Blog2015 (11) TMI 928X X X X Extracts X X X X X X X X Extracts X X X X ..... ance with law within a period of two weeks from the date of receipt of a copy of this order and until then there shall not be any recovery proceedings. - W. P. No. 31030 of 2015, M. P. No. 1 of 2015 - - - Dated:- 6-10-2015 - R. Mahadevan, J. For the Appellant : Dr. Anita Sumanth For the Respondent : Mr. T Pramodkumar Chopda, Senior Standing Counsel ORDER Challenging the ord ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ision of infrastructure and space. As usual, the petitioner filed return for the assessment year 2012-13 and disclosed various items of receipts and expenditure. The financials disclosed an amount of ₹ 9,33,63,000/- which related to the sale consideration of other brand liquor of the companies that had been paid over to the companies and this constituted expenditure for the petitioner. Pursu ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ile so, an order of assessment came to be passed on 31.03.2015 making additions / disallowances of an addition of ₹ 9,33,63,000/-. According to the petitioner company, the order is cryptic, non speaking and contrary to the provisions of the Income Tax Act. It was the said order taken on appeal to the 3rd respondent / Commissioner of Income Tax (Appeals) and the same is pending. In the mean w ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... he respondents submitted that the application for stay can be moved before the jurisdictional commissioner and on such filing of stay petition, the same be disposed of. 7. Considering the facts and circumstances of the case and in view of the submissions made by the learned counsel for both sides, this court directs that the stay petition pending before the Commissioner of Income Tax (Appeals), ..... X X X X Extracts X X X X X X X X Extracts X X X X
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