2019 (3) TMI 590

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ioner has challenged the action of the Respondents authorities of issue of garnishee notice dated 30th January, 2019 under Section 226(3) of the Income Tax Act, 1961 (in short "the Act") and also an order dated 31st January,2019, under which, the Deputy Commissioner of Income Tax insisted that, the Petitioner must deposit 100% of the outstanding tax demand and further rejected the Petitioner's....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....it 20% of the disputed tax demand, which request was rejected by the Assessing Officer by the order dated 31st January, 2019. 3. The learned Counsel for the Petitioner stated that the Petitioner is ready and willing to deposit 20% of the tax demand, subject to which, pending appeal, further recoveries should be stayed. He pointed out that, sum of Rs. 1.80 Crores (rounded of) has already been re....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ormal rule of stay upon depositing 20% of disputed tax demand, was not applicable in the present case, least that they had to do was to hear the Petitioner before taking final decision. 6. Under the circumstances, Petition is disposed of with the following directions: (i) The Petitioner shall apply to the Principal Commissioner of Income Tax for stay, pending appeal latest by 15th March, 201....