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2014 (7) TMI 565

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..... ishek Singh Baghel with Mr Balbir Singh JUDGMENT Badar Durrez Ahmed, J (Oral) 1. Issue notice. Notice is accepted by the learned counsel appearing on behalf of the respondents. Since the facts are not in dispute, the matter is taken up for hearing at the first instance itself. 2. The petitioner has filed an appeal being ITA No. 5930/Del/2012 before the Income Tax Appellate Tribunal being aggri .....

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..... 2014 was rendered. By virtue of that decision, it was made clear that the Tribunal had no authority to extend the period of stay beyond a period of 365 days from the initial date of grant of stay. As 365 days had elapsed since 09.01.2013, when the initial stay was granted, the petitioner could not approach the Tribunal for any further extension of stay. It is also to be noted that, in the meanwhil .....

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..... he opinion that the circumstances and the ends of justice so warrant. This has also been stated clearly in Maruti Suzuki (supra). 4. We feel that since the petitioner had already been granted conditional stay by the Tribunal in respect of the said appeal and that the Tribunal has already heard the matter finally and has reserved orders, it would be in the interest of justice that the stay order g .....

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