https://www.taxtmi.com/caselaws?id=34920 The State Government Transport Corporation challenged Assessment Orders under the Income Tax Act for the years 2001-2006 due to differing interpretations of an amalgamation, resulting in multiple assessment orders. The corporation sought a stay on the assessment order for 2004-2005, which was pending, while facing coercive recovery proceedings by tax authorities. The court set aside the orders of the 4th and 5th respondents, directing reconsideration of the stay request with reasoned decision. The court also instructed the 3rd respondent to expedite the disposal of pending appeals within four weeks. The writ petitions were disposed of without costs to either party. en-us Tue, 08 Sep 2009 00:00:00 +0530 Wed, 10 Mar 2010 10:52:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=34920 The State Government Transport Corporation challenged Assessment Orders under the Income Tax Act for the years 2001-2006 due to differing interpretations of an amalgamation, resulting in multiple assessment orders. The corporation sought a stay on the assessment order for 2004-2005, which was pending, while facing coercive recovery proceedings by tax authorities. The court set aside the orders of the 4th and 5th respondents, directing reconsideration of the stay request with reasoned decision. The court also instructed the 3rd respondent to expedite the disposal of pending appeals within four weeks. The writ petitions were disposed of without costs to either party. Case-Laws Income Tax Tue, 08 Sep 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=34920