9911796707
TMI Blog2023 (4) TMI 1278X X X X Extracts X X X X X X X X Extracts X X X X ..... dity of the order as passed u/s 220(6) questioned directing the petitioner to pay an amount of Rs. 5 crores with the respondents by 30.03.2023 - HELD THAT:- While the main issue as to entitlement of the petitioner to exemption from income tax under Section 11 of the Act is the subject matter of the appeals pending before the first appellate authority, we are of the view that considering the status ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ax Department for the respondents. 2. By filing this petition under Article 226 of the Constitution of India, petitioner has assailed legality and validity of the order dated 24.03.2023 passed by respondent No. 1 under Section 220(6) of the Income Tax Act, 1961 (briefly the Act hereinafter) directing the petitioner to pay an amount of Rs. 5 crores with the respondents by 30.03.2023 upon which the ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... n 156 of the Act. 5. Against each of the assessment order for the corresponding assessment year, petitioner has preferred appeal before the first appellate authority under Section 246(A) of the Act. The appeals are stated to be pending. In the meanwhile, petitioner had filed separate applications before respondent No. 1- assessing authority under Section 220(6) of the Act for stay of outstanding d ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... coercive steps against the petitioner to recover the outstanding demand for the assessment years 2016-17 and 2021-22. 7. It was thereafter that respondent No. 1 passed the impugned order dated 24.03.2023. Relevant portion of the order of respondent No. 1 dated 24.03.2023 reads as under: The petition made by the assessee before this office, factual report submitted by the DCIT (Exemptions), Hyderab ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... tter of the appeals pending before the first appellate authority, we are of the view that considering the status of the petitioner, which has been taken note of by respondent No. 1 himself, it would meet the ends of justice if petitioner pays an amount of Rs. 3 crores within a period of fifteen days from today. On such deposit being made, the demand raised by the respondents for the assessment yea ..... X X X X Extracts X X X X X X X X Extracts X X X X
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