Supreme Court Dismisses Special Leave Petitions on Stay Extension Issue.

Supreme Court Dismisses Special Leave Petitions on Stay Extension Issue.

Income Tax

During the hearing, the respondent's counsel informed the court that the appeal filed by the respondent has already been resolved by the Income Tax Appellate Tribunal on 27 May 2016. As the issue in the present matter solely pertains to the extension of stay by the ITAT under Section 254(2A) (of Income Tax Act, 1961), 1961, the Special Leave Petitions are deemed to be irrelevant and thus dismissed. The court clarified that it has not provided any opinion on the question of law. Any pending applications will also be disposed of accordingly.



During the proceedings, the respondent's counsel informed the court that the appeal filed by the respondent has already been resolved by the Income Tax Appellate Tribunal on 27 May 2016. Since the issue at hand pertains only to the extension of stay by the ITAT under Section 254(2A) (of Income Tax Act, 1961), 1961, the Special Leave Petitions are deemed to be irrelevant and are therefore dismissed. The court clarified that it has not expressed any opinion on the question of law. Any pending applications will be disposed of accordingly.




(MANISH SETHI) (SAROJ KUMARI GAUR)



COURT MASTER (SH) BRANCH OFFICER



Learned counsel appearing on behalf of the respondent stated that the appeal filed by the respondent has already been disposed of by the Income Tax Appellate Tribunal on 27 May 2016.



Since the issue in the present matter only related to the

extension of stay by the ITAT under Section 254(2A) (of Income Tax Act, 1961), the Special Leave Petitions will not survive and are

accordingly, dismissed.



We clarify that we have not expressed any opinion on the

question of law.



Pending application(s), if any, shall stand disposed of.





(MANISH SETHI) (SAROJ KUMARI GAUR)



COURT MASTER (SH) BRANCH OFFICER