https://www.taxtmi.com/caselaws?id=349852 The High Court set aside the ITAT's order vacating the stay granted to the Petitioner during the appeal for Assessment Year 2012-13. The Court emphasized the need for judicious exercise of discretion by the ITAT and reinstated the stay, directing the appeal to proceed without adjournment. The Court's decision favored the Petitioner, restoring the interim stay granted earlier and scheduling the appeal for 20th November 2017. en-us Tue, 17 Oct 2017 00:00:00 +0530 Thu, 26 Oct 2017 08:38:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=349852 The High Court set aside the ITAT's order vacating the stay granted to the Petitioner during the appeal for Assessment Year 2012-13. The Court emphasized the need for judicious exercise of discretion by the ITAT and reinstated the stay, directing the appeal to proceed without adjournment. The Court's decision favored the Petitioner, restoring the interim stay granted earlier and scheduling the appeal for 20th November 2017. Case-Laws Income Tax Tue, 17 Oct 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=349852