2019 (7) TMI 133

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....UMAR For The RESPONDENT : ADV. SRI.JOSE JOSEPH, SC, FOR INCOME TAX JUDGMENT Heard Sri.P. B. Sahasranaman, the learned counsel for the petitioner and Sri.Jose Joseph, the learned Standing Counsel. 2. Petitioner challenges Ext.P4 order of stay granted by the 1st respondent. The counsel for the petitioner contends that in the peculiar circumstances of this case imposing condition of depos....

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....e property security in lieu of depositing 40% imposed through Ext.P4 order. He prays for dismissing the writ petition. 4. The submissions made by the counsel are noted and prima facie this Court is of the view that the request of the petitioner to furnish immovable property in compliance with the depositing 40% is untenable and therefore cannot be considered much less a direction could be issue....