In appeal against the order of Tribunal the revenue sought to raise a question as to whether order of Tribunal was to be treated as void-ab-initio in light of third proviso to section 254(2A) which provides that stay of demand stands vacated after expiry of a period of 365 days, even if delay in disposal of appeal is not attributable to assessee . High Court held that a view that question raised by revenue was not a substantial question of law. (AY. 2010-11)
PCIT v. Jindal Steel & Power Ltd. (2020) 114 taxmann.com 617 (P& H (HC ) Editorial : SLP against the High Court order is granted PCIT v. Jindal Steel & Power Ltd. (2020) 269 Taxman 575 (SC.)
S.260A : Appeal – High Court –Appellate Tribunal -Stay granted matters – Delay of more than 365 days – Delay in disposal of appeal not attributable to assessee- No substantial question of law . [ S.254(2A) ]