Home Case Index All Cases Income Tax Income Tax + AT Income Tax - 2012 (11) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2012 (11) TMI 345 - AT - Income TaxExtension of stay of outstanding demand - Held that:- As decided in CIT v. Ronuk Industries Ltd. [2010 (11) TMI 461 - BOMBAY HIGH COURT] where the delay in disposal of pending appeal is not attributable to the assessee, the Tribunal has the power the extend the stay beyond the period of 365 days even after the amendment of third proviso to Section 254(2A) of the Act w.e.f. 1.10.2008 - thus grant of stay beyond 60 days would be in the interest of natural justice - in favour of assessee.
|