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2018 (4) TMI 528

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..... stay for the balance demand - Held that:- Impugned order without considering the decision in Andrew Telecommunications India (P) Ltd. (2016 (12) TMI 1286 - BOMBAY HIGH COURT) and the other submissions warranting a stay has in breach of the parameters laid down for disposal of the stay application under Section 220(6) of the Act by this Court in KEC International Ltd. Vs. B.R. Balakrishnan [2001 ( .....

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..... ). The impugned order dated 26th March, 2018 rejects the petitioner's application dated 19th March, 2018 seeking a stay in terms of Section 220(6) of the Income Tax Act, 1961 (the Act) in respect of its appeals for Assessment Years 2008-09, 2010-11, 2011-12 and 2012-13 pending with the Commissioner of Income Tax (Appeals). 3. In this case, the aggregate demands raised for Assessment Years 2 .....

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..... ing the decision in Andrew Telecommunications India (P) Ltd. (supra) and the other submissions warranting a stay has in breach of the parameters laid down for disposal of the stay application under Section 220(6) of the Act by this Court in KEC International Ltd. Vs. B.R. Balakrishnan, 251 ITR 158, UTI Mubual Funds Vs. ITO, 345 ITR 71 and reiterated in Mumbai Metropolitan Region Developm .....

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..... oner's application dated 19th March, 2018 by the respondent no.1 Commissioner of Income Tax (Exemptions) in accordance with law. Further, if the order passed on the stay application is adverse to the petitioners, then it will not adopt any coercive proceedings for a period of one week from the communication of the order passed on the stay application dated 19th March, 2018 to the petitioner. .....

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