CIT v. MSD Pharmaceuticals (P.) Ltd. (2020) 113 taxmann.com 136 (Delhi) (HC) Editorial : SLP of revenue is dismissed, CIT v. MSD Pharmaceuticals (P.) Ltd (2020) 269 Taxman 48 (SC)

S. 254(2A): Appellate Tribunal-Stay-During pendency of appeal stay of recovery proceedings is held to be justified. [S. 253]

Dismissing the appeal of the revenue the Court held that During pendency of appeal stay of recovery proceedings is held to be justified Followed  Pepsi Food (P.) Ltd. v. ACIT (2015) 376 ITR 87 (Delhi)(HC).