2020 (6) TMI 412

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....who is an assessee under the Income Tax Act filed income tax return for the assessment year 2017-18. The 1st respondent, however assessed the petitioner under the Act by rejecting the return and estimated the income as Rs. 37,84,262/- and raised a demand of Rs. 47,35,787/-. The petitioner was also served with a notice under Section 142(1) by the 1st respondent ie., the assessment order, Ext.P1 dat....

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....hee notice Ext.P5, the petitioner may be granted sufficient time to file a stay application enabling him to press for the stay before the appellate authority, in accordance with law. 3. Mr. Christopher Abraham, learned counsel appearing on behalf of the Income Tax Department submits that the necessity to issue garnishee notice was on account of the fact that the petitioner neither filed the retur....