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2021 (4) TMI 967 - HC - Income TaxStay application - HELD THAT - Despite a specific direction on 13.10.2020 to ascertain whether the stay application filed by the petitioner is pending no confirmation is given in this regard today. Since a copy of the stay application is available at page No.67 of the typed-set filed in support of the writ petition there is a direction to R2 to consider the same hear the petitioner and pass orders within a period of four (4) weeks from today. Since the stay application has been filed pending appeal and in light of Circulars issued by the Central Board of Direct Taxes (CBDT) directing the Assessing/Appellate Authorities to hear and dispose stay applications in a time bound fashion there shall be a stay of recovery of the disputed demand arising from order of assessment dated 25.12.2019 for a period of four (4) weeks from today or till disposal of stay application whichever is earlier.
The High Court of Madras ordered the respondent to consider the stay application, hear the petitioner, and pass orders within four weeks. A stay of recovery of disputed demand was granted for four weeks or until the disposal of the stay application. The writ petition was disposed of with no costs.
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