2024 (2) TMI 549

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.... of 2024 And W.M.P.Nos.2746 & 2743 of 2024 - -<br>Income Tax<br>Honourable Mr. Justice Senthilkumar Ramamoorthy For the Petitioner : Mr.T.Sai Krishnan For the Respondents : Mrs.S.Premalatha, Jr. SC ORDER The petitioner assails an order dated 29.11.2023 of the appellate authority in the petitioner&#39;s stay petition in the appeal against the assessment order for assessment year 2018-19....

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....nd submitted that the appellate authority is required to take into consideration the principles relating to consideration of a stay application and cannot impose conditions merely by referring to Instruction No.1914. 3. Mrs.S.Premalatha, learned junior standing counsel, accepts notice on behalf of the respondents. She submits that assessment orders relating to three assessment years were challe....

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.... I find that the appellate authority has not recorded any reasons for the conclusion that the assessee should pay 20% of the disputed tax demand. Therefore, the order impugned herein calls for interference. 6. Hence, the impugned order is quashed and the matter is remitted to the appellate authority for re-consideration of the stay application after providing a reasonable opportunity to the pet....