https://www.taxtmi.com/article/detailed?id=5791 Tribunal power to grant or extend interim stay under Section 35C(2A) is contested: a literal reading of the third proviso as mandating automatic vacatur after 365 days is criticised as producing absurdity and undermining the right of appeal. The author argues for a purposive construction permitting extensions where delay is not attributable to the assessee, distinguishes income-tax provisos that expressly negated such exceptions, and notes that Finance Act, 2014 omitted the provisos prospectively, leaving pending cases unresolved. en-us Wed, 20 Aug 2014 08:10:13 +0530 Wed, 20 Aug 2014 08:10:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=5791 Tribunal power to grant or extend interim stay under Section 35C(2A) is contested: a literal reading of the third proviso as mandating automatic vacatur after 365 days is criticised as producing absurdity and undermining the right of appeal. The author argues for a purposive construction permitting extensions where delay is not attributable to the assessee, distinguishes income-tax provisos that expressly negated such exceptions, and notes that Finance Act, 2014 omitted the provisos prospectively, leaving pending cases unresolved. Articles Service Tax Wed, 20 Aug 2014 08:10:13 +0530 https://www.taxtmi.com/article/detailed?id=5791