2013 (12) TMI 367
X X X X Extracts X X X X
X X X X Extracts X X X X
....eard Sri Suyash Agrawal, learned counsel for the petitioner and Sri Govind Krishna, learned counsel for the respondents. By means of the present petition, the petitioner has sought a Writ in the nature of Certiorari quashing the order dated 14th February, 2010 passed by the Income Tax Officer, Ward-1 (3), Meerut. The background facts may be noticed in brief. The petitioner filed income tax r....
X X X X Extracts X X X X
X X X X Extracts X X X X
....tle chance of success of the petitioner in the appeal and that the petitioner has sufficient fund as cash in hand. Feeling aggrieved by the aforesaid order, the present writ petition has been filed. When the matter was taken up earlier, time was granted to Sri Govind Krishna to obtain instructions as to whether the stay application filed in the appeal has been disposed of or not. Sri Govind Kri....
X X X X Extracts X X X X
X X X X Extracts X X X X
....d others in support of his contention that High Court should not grant stay in tax matters. Only in exceptional circumstances the High Court while hearing the writ petition should exercise its power to grant a relief staying the recovery of disputed tax amount. On a careful consideration of the matter we are of the opinion that these decisions have no application to the facts of the present cas....
TaxTMI