2020 (1) TMI 623

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....r. Justice P. Velmurugan For the Petitioner : Mr.Jayesh B.Dolia for Aiyar and Dolia. For the Respondents : Mr.A.N.R.Jayaprathap, Junior Standing Counsel (I.T.). ORDER N. KIRUBAKARAN, J. This Writ Petition has been filed challenging the order of dismissal of the stay petition in the tax case appeal filed before the Tribunal. 2.The petitioner company purchased a property measuring 2.4 Acres fr....

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....the Commissioner of Income Tax (Appeals) and the same was rejected. Against the rejection of the said appeal, the petitioner moved an appeal before the Income Tax Appellate Tribunal with a stay petition. 4.The Income Tax Appellate Tribunal rejected the stay petition holding that there is no prima facie case and therefore, the demand cannot be stayed and the petition was dismissed. Against the sai....