HC Stays Special Bench Verdict On Disallowance u/s. 40(a)(ia)

IN THE HIGH COURT OF JUDICATURE OF ANDHRA PRADESH
AT HYDERABAD

MONDAY, THE EIGHTH DAY OF OCTOBER,
TWO THOUSAND AND TWELVE

: PRESENT :
THE HON’BLE SRI JUSTICE: GODA RAGHURAM
AND
THE HON`BLE SRI JUSTICE: M.S.RAMACHANDRA RAO

I.T.T.A.M.P.No.908 of 2012
IN

I.T.T.A. No.3 84 of 2012

Between:

Commissioner of Income Tax-I, Visakhapatnam.

Petitioner

(Appellant in I.T.T.A.No.3 84 of 2012 on the file of the High Court)

AND

M/s. Merilyn Shipping & Transports, Visakhapatnam.

Respondent (Respondent in-do)

COUNSEL FOR PETITIONER: Sri S.R.Ashok

Petition under Section 151 of CPC praying that in the circumstances stated in the affidavit filed herein, the High Court may be pleased to suspend the operation of the order passed by the Income Tax Appellate Tribunal, Visakhapatnam Bench, Visakhapatnam, in its I.T.A.No. 477/Vizag/2008, dated. 09-04-20 12, pending ITTA.No. 384/2012 preferred to the High Court against the order of the Income Tax Appellate Tribunal, Visakhapatnam Bench, Visakhapatnam in ITA.No. 77/Vizag/2008 dated. 09- 04-2012 for the Assessment Year 2005-2006.

The Court while directing issue of notice to the Respondent herein to show cause why this petition should not be complied with, made the following order. (The receipt of this order will be deemed to be the receipt of notice in the case).