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2016 (3) TMI 861 - AT - Income TaxStay petion - Delay in disposal of the appeal - Held that:- On due consideration of the facts and circumstances, we are of the view that the assessee was always willing and ready to get its appeal disposed off on an early date. The issues involved in the appeal are dependent and interlinked with A.Ys. 2006-07, 2007-08 & 2008-09. Hearings in those assessment years have already been completed. The order is awaited. Considering these facts, we allow the application of the assessee and stay the recovery of outstanding demand for a period of 180 days from today or till the disposal of the appeal, whichever event occurs first. The assessee shall not seek adjournment unless unavoidable circumstance warrants so. In the result, Stay Application filed by the assessee is allowed.
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