2024 (2) TMI 549

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....3 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. The petitioner states that the impugned....

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....s 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 challenged by the petitioner by filing statutory ap....

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....rded 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 petitioner. While re-considering such stay application....