Madras HC grants stay on recovery; keeps matter pending awaiting SC verdict in Hexaware case

Advaidh Nelakanttan Ramakrishnan Vs ITO (Madras High Court) Madras High Court granted an interim stay on recovery proceedings initiated pursuant to the reassessment order dated 22.09.2025 passed u/s 147 r/w 144 & 144B for AY 2021-22. The Petitioner sought to quash the reassessment order issued by the Income Tax Department, contending that the reopening was invalid. The Court directed that all recovery proceedings shall remain stayed pending further orders. Significantly, the matter has been adjourned sine die (without a fixed date) to await the Supreme Court’s decision in Hexaware Techno...