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2020 (10) TMI 995

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....r : Mr.K.Ravi For the Respondents : M/s.HemaMuralikrishnan Senior Standing counsel ORDER T.S.SIVAGNANAM, J. This writ petition has been filed by the assessee, praying for issuance of Writ of Certiorarified Mandamus to call for the records relating to the order dated 18.02.2019 passed by the Income tax Appellate Tribunal ('the Tribunal' for brevity), 'C' Bench, Chennai, ....

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....arned counsel for the petitioner and Mr.N.Senthil Kumar, learned Counsel for the first respondent. 2. This writ petition has been filed challenging the order passed by the Income Tax Appellate Tribunal 'C' Bench, Chennai. In the stay petition filed by the petitioner before the Commissioner of Income Tax (Appeals) - 2, Chennai, the Commissioner has dismissed the appeal vide an orde....

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....tenable but it will be unbearable hardship and pain to the assessee. The assessee also pleaded that serious and irreparable loss would be inflicted upon the assessee, if stay is not granted. We find that the Tribunal did not assign any substantial reasons and it come to the conclusion that no prima facie case is made out by the petitioner. 5. In any event, we do not propose to go into the....

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.... 4. We have heard Mr.K.Ravi, learned counsel appearing for the petitioner/assessee and M/s.Hema Muralikrishnan, learned Senior Standing Counsel for the respondents. 5. Taking into consideration the fact that even before the assessee had approached the Tribunal, the assessee had paid 25% of the disputed tax and as per the above orders, a further sum of Rs. 8,00,000/- had already been remitted. ....