2020 (5) TMI 527

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....cate)   Respondent (By Sri K.V. Aravind, Advocate)   ORDER The petitioner has sought for issuance of a writ of certiorari to quash the impugned order rejecting the request for stay by respondent by its order dated 26.02.2020 at Annexure-A. The petitioner has also sought for a writ of mandamus to direct the respondent to dispose of the appeal that has been filed against the asses....

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....t of Judicature at Madras in the case of M/s. Shriram Finance v. Principal Commissioner of Income Tax (1) and Others (W.P.No.5425/2019 & W.P.Nos.6166 & 6168/2019 decided on 01.03.2019) as well as the order of this Court in the case of Flipkart India Private Limited v. The Assistant Commissioner of Income Tax (W.P.Nos.1339-1342/2017 decided on 23.02.2017). 4. Learned counsel appearing for the Re....

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.... In fact, the power of granting stay has been considered by the High Court of Judicature at Madras in the case of M/s. Shriram Finance (supra) wherein, certain guidelines have been referred to in para-5 which may be taken note of. So also the manner of exercise of power of the Principal Commissioner of Income Tax is detailed in Flipkart's case (supra) at paras-18 and 19, which needs to be kept in ....