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The High Court of Allahabad directed the Assessing Officer to stay assessment proceedings for the years 1988-89 and 1989-90 until the petitioner's stay application before the Income-tax Appellate Tribunal and application under section 144A are decided. The Tribunal and Deputy Commissioner were given three months to dispose of the applications, and assessment proceedings were stayed for four months or until both applications are decided. The writ petition was disposed of with these directions.
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