Dismissing the petition of the revenue the Court held that, wherever appeal could not be decided by Tribunal due to pressure of pendency of cases and delay in disposal of appeal was not attributable to assessee in any manner, interim protection of stay could continue beyond 365 days. (AY.2011-12)
PCIT v. Comverse Network Systems India (P.) Ltd. (2019) 103 taxmann.com 313 / 262 Taxman 100 (P&H)(HC) Editorial: SLP of revenue is dismissed, PCIT v. Comverse Network Systems India (P.) Ltd. (2019) 262 Taxman 99 (SC)
S. 254(2A) : Appellate Tribunal–Stay-Appeal could not be decided by Tribunal due to pressure of pendency of cases and delay in disposal of appeal was not attributable to assessee in any manner-Interim protection of stay could continue beyond 365 days. [S. 254(1)]