9911796707
TMI Blog2020 (6) TMI 412X X X X Extracts X X X X X X X X Extracts X X X X ..... who is an assessee under the Income Tax Act filed income tax return for the assessment year 2017-18. The 1st respondent, however assessed the petitioner under the Act by rejecting the return and estimated the income as Rs. 37,84,262/- and raised a demand of Rs. 47,35,787/-. The petitioner was also served with a notice under Section 142(1) by the 1st respondent ie., the assessment order, Ext.P1 da ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... shee notice Ext.P5, the petitioner may be granted sufficient time to file a stay application enabling him to press for the stay before the appellate authority, in accordance with law. 3. Mr. Christopher Abraham, learned counsel appearing on behalf of the Income Tax Department submits that the necessity to issue garnishee notice was on account of the fact that the petitioner neither filed the retu ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e to the petitioner to file the application for stay before the 2nd respondent. In case such application is filed, the 2nd respondent would decide the application for stay within one month thereafter, after affording an opportunity of hearing to the parties and in accordance with law. Till such time, notice Ext.P5 dated 6th of March 2020 is ordered to be kept in abeyance. It is made clear that the ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
