Tag Archives: stay

Period of stay excluded from period of limitation to complete block assessement

By | May 16, 2016

SUPREME COURT OF INDIA VLS Finance Ltd. v. Commissioner of Income-tax A.K.SIKRI AND ROHINTON FALI NARIMAN, JJ. CIVIL APPEAL NO. 2667 OF 2007 APRIL  28, 2016 JUDGMENT A.K. Sikri, J. – In this appeal, challenge is laid to that part of the judgment of High Court of Delhi dated 15th December, 2006 whereby High Court… Read More »

Mere filing of appeal does not suo-moto stay the recovery proceedings

By | November 24, 2015

Power of Assessing Officer under section 220(6) cannot be said to be power to grant stay against recovery of disputed demand and or mere filing of appeal does not suo-moto stay recovery proceedings HIGH COURT OF ALLAHABAD Jalan Jee Polytex Ltd. v. Assistant Commissioner of Income-tax V.K. SHUKLA AND PRATYUSH KUMAR, JJ. WRIT TAX NO.… Read More »