2013 (11) TMI 821

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..... JCIT, Sr. D.R. ORDER Per George Mathan : This is a Stay Petition filed by the assessee in I.T.A. No. 900/Kol./2013 for the assessment year 2005-06. 2. Shri Miraj D. Shah, Ld. counsel, represented on behalf of the assessee and Shri Rajesh Kumar, ld. D.R. represented on behalf of the Revenue. 3. It was the submission by the ld. A.R. that this stay petition is for the stay of proceedings conse .....

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..... s could be granted resulting a total loss of one year time. It was the submission that extension of the limitation in respect of Stay of proceedings provided in section 153. The Explanation 1 thereto did not permit for the exclusion in respect of the period of limitation. It was the submission that Stay of the proceedings should not be granted. 5. We have considered the rival submissions. As it i .....

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