https://www.taxtmi.com/caselaws?id=377298 The Tribunal dismissed the Revenue's Miscellaneous Application, affirming its power to extend stay beyond 365 days if delay is not attributable to the assessee. Relying on precedents, the Tribunal rejected the restrictive interpretation of the third proviso to Section 254(2A) of the Income Tax Act. It clarified that the Supreme Court's decision in Asian Resurfacing of Road Agency P. Ltd. does not apply to revenue matters. The order was issued on 15th March 2019. en-us Fri, 15 Mar 2019 00:00:00 +0530 Wed, 27 Mar 2019 17:39:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=377298 The Tribunal dismissed the Revenue's Miscellaneous Application, affirming its power to extend stay beyond 365 days if delay is not attributable to the assessee. Relying on precedents, the Tribunal rejected the restrictive interpretation of the third proviso to Section 254(2A) of the Income Tax Act. It clarified that the Supreme Court's decision in Asian Resurfacing of Road Agency P. Ltd. does not apply to revenue matters. The order was issued on 15th March 2019. Case-Laws Income Tax Fri, 15 Mar 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=377298