2017 (5) TMI 1538

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....BHAGCHAND AND SHRI KUL BHARAT For the Appellant: Shri Sparsh Bhargava (Advocate) For the Respondent: Shri Vrinder Mehta (CIT) ORDER PER SHRI KUL BHARAT, J.M. This Stay Applications (06/JP/2017 & 07/JP/2015) pertaining to the assessment year 2012-13 and 2013-14 seeking extension of stay granted vide order dated 13th Feb. 2015 and subsequently extended from time to time. 2. Now, we....

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....riod of 365 days. He contended that the provision restricting the grant of stay beyond the period of 365 days has been held to be unconstitutional. He further placed reliance on the judgment of the Hon'ble Bombay High Court rendered in the case of Commissioner of Income Tax vs. Smt. Godavari Devi Saraf. He further contented that the assessee has made payment of substantial amount of tax. It is sub....

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.... dated 13th Feb. 2015. Since then the stay is being extended for one reason or the other vide order dated 9th Nov. 2016, the Stay was extending till 30th April 2017 on the ground that vide letter dated 13th Oct., 2016 the assessee had requested for constitution of Special Bench to decide the issue by the majority view. It is stated by the Ld. Counsel for the assessee that Special Bench has not bee....