https://www.taxtmi.com/caselaws?id=397786 The court set aside the non-speaking orders rejecting the petitioners' applications for a stay of demand, emphasizing the necessity for assessing officers to pass speaking orders considering essential factors. Referring to CBDT Circulars, the court directed the Assessing Officer to reevaluate the stay applications within four weeks, keeping recovery proceedings on hold. The court did not delve into the assessment's merits, disposing of the writ petitions without costs. en-us Fri, 21 Aug 2020 00:00:00 +0530 Fri, 28 Aug 2020 20:15:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=397786 The court set aside the non-speaking orders rejecting the petitioners' applications for a stay of demand, emphasizing the necessity for assessing officers to pass speaking orders considering essential factors. Referring to CBDT Circulars, the court directed the Assessing Officer to reevaluate the stay applications within four weeks, keeping recovery proceedings on hold. The court did not delve into the assessment's merits, disposing of the writ petitions without costs. Case-Laws Income Tax Fri, 21 Aug 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=397786