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TMI Blog2020 (10) TMI 995X X X X Extracts X X X X X X X X Extracts X X X X ..... : M/s.HemaMuralikrishnan Senior Standing counsel ORDER T.S.SIVAGNANAM, J. This writ petition has been filed by the assessee, praying for issuance of Writ of Certiorarified Mandamus to call for the records relating to the order dated 18.02.2019 passed by the Income tax Appellate Tribunal ('the Tribunal' for brevity), 'C' Bench, Chennai, rejecting the Stay application filed by th ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... umar, learned Counsel for the first respondent. 2. This writ petition has been filed challenging the order passed by the Income Tax Appellate Tribunal 'C' Bench, Chennai. In the stay petition filed by the petitioner before the Commissioner of Income Tax (Appeals) - 2, Chennai, the Commissioner has dismissed the appeal vide an order dated 28.12.2018 in I.T.A.No.22/2016-17. 3. On rejecti ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... assessee also pleaded that serious and irreparable loss would be inflicted upon the assessee, if stay is not granted. We find that the Tribunal did not assign any substantial reasons and it come to the conclusion that no prima facie case is made out by the petitioner. 5. In any event, we do not propose to go into the controversy, but we propose to stay all further proceedings pursuant to the or ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... and M/s.Hema Muralikrishnan, learned Senior Standing Counsel for the respondents. 5. Taking into consideration the fact that even before the assessee had approached the Tribunal, the assessee had paid 25% of the disputed tax and as per the above orders, a further sum of Rs. 8,00,000/- had already been remitted. Therefore, we are of the considered view that the interest of the revenue is sufficie ..... X X X X Extracts X X X X X X X X Extracts X X X X
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