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2020 (11) TMI 614

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..... stay of the demand of Rupees twenty-nine crores, ninety-three lakhs, six hundred and three arising out of the final assessment order dated 07th February, 2020 for the relevant assessment year 2017-2018 till the disposal of the appeal pending before the CIT (Appeal). The CIT (Appeal) is directed to decide the petitioner s appeal as expeditiously as possible preferably within a period of twelve week .....

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..... Court had observed that having perused the papers, it was of the prima facie view that the impugned letter dated 20th October, 2020 is non reasoned and shows non-application of mind to the submissions advanced by the petitioner in its stay application. 3. In pursuance to the aforesaid order, Dr. Prabha Kant, Commissioner, is personally present. He has been asked as to whether there is any othe .....

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..... ial Leave Petition is pending in the Apex Court against the said decision. October, 2020. He, however, candidly admits that the issue of law is prima facie covered in petitioner s favour by the decision of this Court. 6. As the disputed demand arises out of an issue which is covered in petitioner favour by a decision of a Coordinate Bench of this Court in DIT v. Ericsson A.B. (supra), this .....

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