https://www.taxtmi.com/caselaws?id=268477 The court held that the Income Tax Appellate Tribunal (ITAT) does not have the jurisdiction to interfere in prosecution proceedings or stay a show cause notice for prosecution. The Tribunal's power under Section 254 is limited to matters directly related to the appeals pending before it. The court set aside the Tribunal's orders staying prosecution, emphasizing that prosecution proceedings are independent of assessment and penalty proceedings, and the Tribunal is not the authority for prosecution cases. The court concluded that the ITAT lacks the power to stay consideration of a show cause notice for prosecution, and the pendency of appeals does not confer jurisdiction to do so. en-us Sat, 31 Oct 2015 00:00:00 +0530 Mon, 02 May 2016 17:35:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=268477 The court held that the Income Tax Appellate Tribunal (ITAT) does not have the jurisdiction to interfere in prosecution proceedings or stay a show cause notice for prosecution. The Tribunal's power under Section 254 is limited to matters directly related to the appeals pending before it. The court set aside the Tribunal's orders staying prosecution, emphasizing that prosecution proceedings are independent of assessment and penalty proceedings, and the Tribunal is not the authority for prosecution cases. The court concluded that the ITAT lacks the power to stay consideration of a show cause notice for prosecution, and the pendency of appeals does not confer jurisdiction to do so. Case-Laws Income Tax Sat, 31 Oct 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=268477