AO cannot reject stay application without apply his mind to facts & circumstances of case

HIGH COURT OF DELHI Virgin Mobile India (P.) Ltd. versus Assistant Commissioner of Income-tax W.P.(c) NO. 4983 of 2012 August 17, 2012 JUDGMENT S. Ravindra Bhat, J. – Issue Notice. Mr. Abhishek Maratha, Sr. Standing Counsel accepts notice on behalf of respondent. With the consent of the counsel, the petition was taken up for disposal. 2. The petitioner prefers the present proceedings under Article-226, questioning the order dated 19.7.2012 issued by the Assessing Officer. 3. The brief facts are that the petitioner, an incorporated company engaged in the business of tradi...