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Bombay High Court to Decide on Automatic Vacating of Stay by Assessing Officer After Six Months in Tax Matters.

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....Stay granted by AO in term of CBDT circular - Whether stay shall vacated automatically after six month in view of decision of Supreme Court in the case of Asian Resurfacing of Road Agency Pvt Ltd [2018 (7) TMI 924 - SUPREME COURT OF INDIA] - observation in civil and criminal litigation can be imported in quasi judicial proceedings - Issue under consideration before Bombay High Court....

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