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    <title>Power of ITAT to grant Stay – Effect of amendment made by Finance Act, 2007 in Section 254 (2A)</title>
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    <description>The provisos to amended Section 254(2A) impose procedural limits on the duration and extension of stays and require disposal within specified periods, but do not eliminate the Tribunal&#039;s inherent power to grant or continue interim relief; the third proviso should be read as permitting vacation of stay only when delay is attributable to the assessee, while the Tribunal may extend or continue interim relief where delay is not attributable to the assessee.</description>
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      <title>Power of ITAT to grant Stay – Effect of amendment made by Finance Act, 2007 in Section 254 (2A)</title>
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      <description>The provisos to amended Section 254(2A) impose procedural limits on the duration and extension of stays and require disposal within specified periods, but do not eliminate the Tribunal&#039;s inherent power to grant or continue interim relief; the third proviso should be read as permitting vacation of stay only when delay is attributable to the assessee, while the Tribunal may extend or continue interim relief where delay is not attributable to the assessee.</description>
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