Finance Act Amendments in Section 35C Limit Stay Period to 365 Days to Prevent Delays in Tax Proceedings. https://www.taxtmi.com/highlights?id=15413 Extension of Period of Stay beyond 365 days – Entire object and purpose of insertion of sub-section 2A in Section 35C by Section 140 of the Finance Act, 2002 (20 of 2002) w.e.f. 11.5.2002 and third Proviso by Finance Act, 2013 will stand defeated, if the waiver of pre-deposit is granted indefinitely - HC en-us Wed, 30 Oct 2013 18:51:03 +0530 Wed, 30 Oct 2013 18:51:03 +0530 TaxTMI RSS Generator Finance Act Amendments in Section 35C Limit Stay Period to 365 Days to Prevent Delays in Tax Proceedings. https://www.taxtmi.com/highlights?id=15413 Extension of Period of Stay beyond 365 days – Entire object and purpose of insertion of sub-section 2A in Section 35C by Section 140 of the Finance Act, 2002 (20 of 2002) w.e.f. 11.5.2002 and third Proviso by Finance Act, 2013 will stand defeated, if the waiver of pre-deposit is granted indefinitely - HC Highlights Central Excise Wed, 30 Oct 2013 18:51:03 +0530 https://www.taxtmi.com/highlights?id=15413