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M/s. Ventura Textiles Ltd. Versus Income Tax Officer – 11 (3) (3) , Mumbai

2016 (7) TMI 1054 - BOMBAY HIGH COURT

Stay of demand - attachment orders - Held that:- The petitioner made an application for stay to the Commissioner of Income Tax seeking a Review of the order dated 2nd June, 2016 passed by the Assessing Officer. The Commissioner of Income Tax has not yet disposed of the petitioners' application dated 7th June, 2016 seeking a stay in terms of Section 220(6) of the Act. However, pending disposal of the petitioner's stay application, the Assessing Officer by an order dated 28th June, 2016 passed und .....

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plication for stay adverse to the assessee. - In the above view, by way of an interim order, we vacate the attachment Notice dated 28th June, 2016 made by the Assessing Officer upon the petitioners bankers. - Writ Petition No. 1557 of 2016 - Dated:- 14-7-2016 - M. S. Sanklecha And A. K. Menon, JJ. For the Petitioner : Mr. Pankaj Toprani a/w Ms. Krupa Toprani i/b PRH Juris ORDER P. C. 1. Rule. 2. None appears for the respondent Revenue. On 7th July, 2016 also none had appeared for respondent .....

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of demand under Section 226(3) of the Income Tax Act, 1961 (the Act) was pending disposal before the Authorities under the Act. Primafacie, we were satisfied with the contention of the petitioner however, as none appeared on behalf of the respondent Revenue, the petition was adjourned to 13th July, 2016. It was on board yesterday and did not reach. Yesterday's balance board was notified for today. However, our order dated 7th July, 2016 only restrained the respondent Revenue from acting fur .....

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March, 2016, the Assessing Officer passed the Assessment Order under Section 143(3) of the Act relating to A.Y. 20132014. Being aggrieved by the order dated 28th March, 2016, the petitioner filed an appeal on 15th April, 2016 before the Commissioner of Income Tax (Appeal) [CIT(A)]. On 15th April, 2016 itself, the petitioner filed an application with the Assessing Officer in terms of Section 220(6) of the Act requesting that the petitioner not be treated as an assessee in default till the dispos .....

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