https://www.taxtmi.com/caselaws?id=271693 The Tribunal granted an extension of the stay of recovery of outstanding demand for 180 days or until the disposal of the Assessee's appeal, whichever is earlier. The decision highlighted that financial hardship alone is not sufficient to deny the stay. The Tribunal's ruling was based on the premise that the third proviso to Section 254(2A) should be disregarded in cases where the delay in appeal disposal is not due to the Assessee, aligning with the Delhi High Court's judgment on the constitutional validity of the proviso. en-us Fri, 08 Jan 2016 00:00:00 +0530 Sat, 13 Feb 2016 10:06:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=271693 The Tribunal granted an extension of the stay of recovery of outstanding demand for 180 days or until the disposal of the Assessee's appeal, whichever is earlier. The decision highlighted that financial hardship alone is not sufficient to deny the stay. The Tribunal's ruling was based on the premise that the third proviso to Section 254(2A) should be disregarded in cases where the delay in appeal disposal is not due to the Assessee, aligning with the Delhi High Court's judgment on the constitutional validity of the proviso. Case-Laws Income Tax Fri, 08 Jan 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=271693