2021 (9) TMI 1355 - HC - Income Tax

Stay of recovery - HELD THAT - The stay has been in force for almost three years. The Miscellaneous Application rejecting recall of the order of stay was dismissed almost two and half years ago. The Appeal itself is ripe for hearing. In our view, interest of justice will be met if the Tribunal is requested to dispose of the Appeal on the next date of hearing and in any case by 30th November, 2021.

Summary

The Bombay High Court directed the Income Tax Appellate Tribunal to dispose of an appeal by 30th November, 2021, after a stay order against recovery actions for the respondent was upheld and a recall application was rejected. The Tribunal was urged to expedite the process as the appeal had been pending for a long time.