Tuesday, February 25, 2014

[aaykarbhavan] ITAT NO POWER TO GRANT STAY BEYOND 365 DAYS




  HC : Bars 'stay' extension by ITAT beyond 365 days; Leaves Court window open 
Maruti Suzuki (India) Limited
No power to ITAT to grant stay beyond 365 days in light of third proviso to Sec. 254(2A) inserted by Finance Act, 2008; Courts must respect "legislative mandate" ,
Regards
Prarthana Jalan


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