2014 (6) TMI 674

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.... Chopda Standing Counsel for Income Tax Department ORDER The writ petition has been filed to quash the order dated 04.06.2014 passed by the first respondent in AAMCS7314N/Com.Cir-VI(3)/2014-15 rejecting the stay petition and to direct the first respondent to grant stay of demand relating to the assessment order for the assessment year 2011-12 pending disposal of the appeal before the second ....

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....ned the total and taxable turnover and demanded a sum of Rs.4,03,90,630/- as tax which include interest of Rs.1,11,51,300/-. As against the above assessment, the petitioner-company preferred appeal before the second respondent. Pending appeal, the petitioner filed a stay petition before the first respondent. However, the first respondent without affording any opportunity of being heard, rejected t....

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....sonable and correct. 5. Heard both sides and perused the records. 6. The appellate authority has entertained the appeal and posted the same for final hearing on 17.06.2014. Though the stay application has been summarily rejected by the first respondent, it is the discretion of the authority regarding the demand of percentage to be deposited. However, taking into consideration the petitioner&....