M/s. Shree Ganesh Ventures v. The Deputy Commissioner of
Case brief
What is this about?
The Madras High Court disposed of a writ petition seeking a stay on income-tax recovery proceedings. The Court granted the petitioner two weeks to file an appeal along with a stay application before the appellate authority, on which an expedited decision was to be passed, during which time recovery actions were to remain in abeyance.
What did the court decide?
Petitioner granted two weeks to file appeal and stay application before ITAT; Recovery proceedings kept in abeyance till departure of stay.