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Income Tax - Highlights / Catch Notes

Home Highlights August 2012 Year 2012 This

Power of tribunal to stay - while exercising its appellate ...


ITAT Can Issue Stay Orders to Preserve Appeal Outcomes, Ensuring Decisions Remain Effective Under Appellate Powers.

August 7, 2012

Case Laws     Income Tax     HC

Power of tribunal to stay - while exercising its appellate powers ITAT has also the power to ensure that the fruits of success are not rendered futile or nugatory and for this purpose it is empowered, to pass appropriate orders including orders of stay - HC

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