https://www.taxtmi.com/caselaws?id=259781 The court declared the amendment to Section 254(2A) of the Income Tax Act, 1961, introduced by the Finance Act, 2008, as unconstitutional under Article 14 of the Constitution of India. This decision reverted the interpretation back to allowing the Income Tax Appellate Tribunal to extend stay beyond 365 days if the delay is not the fault of the assessee. The petitioners were directed to seek extension of stay from the Tribunal, and interim orders were to remain in effect until the Tribunal's decision. en-us Tue, 19 May 2015 00:00:00 +0530 Sat, 04 Mar 2017 16:48:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=259781 The court declared the amendment to Section 254(2A) of the Income Tax Act, 1961, introduced by the Finance Act, 2008, as unconstitutional under Article 14 of the Constitution of India. This decision reverted the interpretation back to allowing the Income Tax Appellate Tribunal to extend stay beyond 365 days if the delay is not the fault of the assessee. The petitioners were directed to seek extension of stay from the Tribunal, and interim orders were to remain in effect until the Tribunal's decision. Case-Laws Income Tax Tue, 19 May 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=259781