2026 (5) TMI 327

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....ounsel for the Petitioner : Mr. A.V.A. Siva Karthikeya Counsel for the Respondent : Ms. J. Sunitha, Senior Standing Counsel for Income Tax ORDER: Mr. A.V.A. Siva Karthikeya, learned counsel for the petitioner. Ms. J. Sunitha, learned Senior Standing Counsel appears for Income Tax Department. 2. The petitioner has preferred an appeal against the order dated 31.12.2019 passed in scrutiny....

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.... is as follows: a. Disputed demand : Rs. 2,06,73,884.00 b. 20% of the above i.e., (a) : Rs. 41,34,777.00 c. Less: Adjusted by you as per para 8 : Rs. 1,72,69,890.00 Hence, it is evident that more than 20% of the disputed demand has already been adjusted and we are not required to pay any amount to file petition for grant of stay of demand." 3. Stay was grante....

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....r the Assessment Year 2012-13 for obtaining a stay in the present proceedings is not proper. The petitioner may raise such a claim after disposal of the pending appeal. 5. Learned counsel for the petitioner then submits that the appeal is pending since 2020 before the faceless authority. A direction may be issued to the said authority to dispose of the appeal in a time frame. 6. Learned coun....