Court held that ,in cases where there is stay of recovery of demand of tax, the Tribunal should deal with the appeals pending before it on a higher priority. The Tribunal should consider forming a separate list of such cases which should be heard on priority after arranging the cases on the basis of their seniority as well as the quantum involved in the stay. ( ITA 916/2019, dt. 21.10.2019)
PCIT v. Nokia Solutions & Networks India Pvt. Ltd.( 2019) 184 DTR 385/( 2020) 312 CTR 373 (Delhi)(HC), www.itatonline.org
S. 254(2A): Appellate Tribunal –Stay- In cases where there is stay of recovery of demand of tax, the Tribunal should deal with the appeals pending before it on a higher priority. The Tribunal should consider forming a separate list of such cases which should be heard on priority after arranging the cases on the basis of their seniority as well as the quantum involved in the stay. [ S.254(1)