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2014 (5) TMI 438 - HC - Income TaxExtension of period of stay – Held that:- The assessee had duly applied for an interim stay which was granted by the Tribunal subject to an order of deposit of Rs. two crores which amount has been deposited – non-disposal of the appeal has not been occasioned by any default on the part of the assessee - the Tribunal had finally heard the appeal in September 2013 after which the appeal was placed for re-hearing and was finally heard on 28 March 2014 when the judgment was reserved – it will be appropriate to grant the stay till the disposal – Decided in favour of Assessee.
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