Revenue Challenges ITAT Decision on Extended Tax Stay Beyond Statutory Limit u/s 254(2A): Madras HC dismisses Matter as Stay Already Expired [Read Order]

Considering the stay in question had already expired, Madras HC dismissed the petition
Income Tax - ITAT - Revenue appeal under ITAT - Tax stay appeal - TAXSCAN

In a recent ruling, the Madras High Court dismissed the Appeal against Income Tax Appellate Tribunal’s decision on extended tax stay beyond the statutory limit under section 245(2A). This decision was made since the stay in question had already expired. Commissioner of Income Tax (Appeals), the appellant filed an appeal under Section 260A of the…

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