1991 (3) TMI 50

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....n under article 226 of the Constitution of India, the petitioner has come to this court for the issue of a writ of mandamus directing the Assessing Officer, Ward-I, Moradabad, to stay further proceedings for the assessment years 1988-89 and 1989-90, till his application before the Income-tax Appellate Tribunal, Delhi, and application under section 144A of the Income-tax Act are disposed of. Initia....

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....application is also pending. It is stated that the extra hurry shown by the Assessing Officer in proceeding with the assessment for the years 1988-89 and 1989-90 is with a view to render the petitioner's stay application as well as the application under section 144A infructuous and in case assessment proceedings are finalised, he will suffer irreparable loss. After having heard learned counsel ....

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....he same period. For a period of four months or till both the applications are decided, whichever is earlier, the assessment proceedings pending before the Assessing Officer, Ward-I, Moradabad, for the assessment years 1988-89 and 1989-90 shall remain stayed. With these directions, the writ petition is disposed of. Learned counsel for the petitioner has undertaken to serve a copy of this orde....