Stay Application Rejected Without Reasons Set Aside as Non-Speaking Order by Bombay HC

Shalina Laboratories Private Limited Vs PCIT (Bombay High Court) The writ petition before the Bombay High Court concerned the rejection of a stay application filed by the assessee for Assessment Year 2023–24 and the consequent initiation of recovery proceedings. The petitioner challenged an order dated 28 November 2025 passed by the Principal Commissioner of Income Tax rejecting its stay application, as well as a subsequent notice dated 10 December 2025 issued under Section 226(3) of the Income-tax Act, 1961. The petitioner contended that it had filed a detailed stay application on 21 August...