TMI Blog2013 (11) TMI 821X X X X Extracts X X X X X X X X Extracts X X X X ..... xtension of 180 days could be granted resulting a total loss of one year time - Held that:- stay should not be granted in this case and the same stands dismissed. - Decided against the assessee. - S.P. No. 31/Kol/2013 (arising out of I.T.A. No. 900/ Kol. / 2013) - - - Dated:- 24-5-2013 - Shri K. K. Gupta And Shri George Mathan,JJ. For the Applicant : Shri Miraj D. Shah For the Responde ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... d been initiated on the same grounds. It was the submission that stay of proceedings may be granted in respect of the consequentially proceedings to the order passed under section 263. 4. In reply, ld. D.R. submitted that stay of proceedings in respect of the consequential order passed under section 263. It was the submission that once stay petition is granted, normally it operates for 180 days ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... me available to the assessee to respond to the requisition by the Assessing Officer in the interest of natural justice, we are of the view that stay should not be granted in this case and the same stands dismissed. However, considering the prayer of the assessee, the assessee is granted early hearing of its appeal and the appeal of the assessee shall stand posted for early hearing on 03.07.2013. T ..... X X X X Extracts X X X X X X X X Extracts X X X X
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