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Sec. 220 of the Income-tax Act, 1961 - Collection and recovery of tax - The disposal of the request for stay by the petitioner leaves much to be desired. The AO ought to have taken note of the conditions precedent for the grant of stay as well as the Circulars issued by the CBDT and passed a speaking order. Since, the impugned order does not deal with the aspects of prima facie case, financial stringency and balance of convenience. Hence, the impugned order is set aside. - GANAPATHY HARIDAASS V/s ITO -  272 TAXMAN 548 (MAD)