2020 (7) TMI 132

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.... For the Respondents : Sri.Jose Joseph, SC, Income Tax Department Adv.Sri.Navneeth N. Nath JUDGMENT A.K. JAYASANKARAN NAMBIAR, J. Against Ext.P1 series of assessment orders under the Income Tax Act, the petitioner has preferred Ext.P2 series of appeals before the 3rd respondent. In the meanwhile, the petitioner had approached the Assessing Authority with petitions under Section 220(6) of the I....

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.... Nath, the learned counsel for the respondents. 3. On a consideration of the facts and circumstances of the case as also the submissions made across the Bar, we find that the petitioner is ready to pay an amount of Rs. 25,00,000/- [Rupees Twenty Five lakhs only] as against the demand in Ext.P6 order pending disposal of the appeals by the Appellate Authority. Taking note of the peculiar situation ....