2023 (6) TMI 225

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....el. For Respondent Nos. 1 to 4 : Ms. K. Mamata Choudary, learned Senior Standing Counsel, Income Tax Department. Mr. G. Praveen Kumar, learned Deputy Solicitor General of India for respondent No. 5. ORDER:   (PER THE HON'BLE THE CHIEF JUSTICE UJJAL BHUYAN) Heard Mr. Raja Shekar Rao Salvaji, learned counsel for the petitioner and Ms. K. Mamata Choudary, learned Senior Standing Coun....

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....18, 2018-19 and 2019- 20 for a sum of Rs. 73,25,51,250.00 due from the petitioner, it should be assessment years 2019-20 and 2020-21 for a sum of Rs. 31,65,81,430.00. 4. Be it stated that for the assessment year 2019- 20, petitioner had submitted its return of income on 29.10.2019. Ultimately intimation under Section 143(1) of the Act was issued by the Centralized Processing Centre to the petit....

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....situation, petitioner has filed stay petition on 03.01.2023 before the appellate authority i.e., respondent No. 4 for stay of demand. 7. With the grievance that no decision has been taken by the appellate authority while the petitioner continues to face garnishee proceeding, the present writ petition has been filed. 8. On a perusal of the stay petition, we find that the same has been filed u....

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.... giving an opportunity of hearing to the petitioner and thereafter pass an appropriate order in accordance with law. 12. Let the above exercise be carried out and concluded within a period of four (04) weeks from the date of receipt of a copy of this order. 13. We make it clear that the garnishee notice dated 17.11.2022, as modified on 12.12.2022, will be subject to such order that may be pa....