Partly allowed
M/S Essjay Ericsson Private Limited, v. Commissioner of Income Tax, New Delhi & Ors.
Delhi HCW.P.(C)/1449/2020
Case brief
AI extract
What is this about?
Allowed the petitioner to file a stay application before the CIT (Appeals) against the rejection under Section 220(6) and attachment of bank accounts directed the CIT (Appeals) to pass a reasoned order within two weeks considering the stay without influence from the rejected order and provided for restitution of excess recovery if granted.
What did the court decide?
Petitioner permitted to file stay before CIT(Appeals); CIT(Appeals) to pass reasoned order within two weeks without influence of impugned order; excess recovery to be restituted if stay grants relief.