https://www.taxtmi.com/caselaws?id=306057 The court granted the petitioner a waiver/stay of recovery proceedings under Section 220 (6) of the Income Tax Act, allowing for the refund of the transferred amount pending appeal. Emphasizing the importance of reasoned orders, the court set aside the previous decision and directed a thorough review of the petitioner's application by the Principal CIT. The court underscored adherence to the Trinity Test for waiver/stay requests and instructed the third respondent to dispose of the Section 220 (6) application within thirty days, ensuring the petitioner's right to be heard before any decision is made. en-us Fri, 25 Feb 2022 00:00:00 +0530 Fri, 11 Aug 2023 11:06:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=306057 The court granted the petitioner a waiver/stay of recovery proceedings under Section 220 (6) of the Income Tax Act, allowing for the refund of the transferred amount pending appeal. Emphasizing the importance of reasoned orders, the court set aside the previous decision and directed a thorough review of the petitioner's application by the Principal CIT. The court underscored adherence to the Trinity Test for waiver/stay requests and instructed the third respondent to dispose of the Section 220 (6) application within thirty days, ensuring the petitioner's right to be heard before any decision is made. Case-Laws Income Tax Fri, 25 Feb 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=306057