one of the issues involved in such tax appeals was the effect of clause (iv) of the substituted sub-section\u00a0(9)\u00a0of section\u00a080-IB\u00a0and consequently, the ratio laid down by the High Court in the case of\u00a0Niko Resources Ltd v.UOI ( 2015) 374 ITR 369 (Guj) (HC). Supreme Court has passed an interim order directing the High Courts where appeals were pending not to finalise them till the matter was dealt by it. On application the Tribunal decided to adjourn all the appeals sine die to be taken up after the adjudication of pending appeals before the Supreme Court . On writ by the assessee for not taking up the matters by the Tribunal ,\u00a0 dismissing the petition the Court held that , \u00a0\u00a0the Tribunal could not be faulted for deciding not to proceed further with the appeals till the Supreme Court finally cleared the issues. There was no impropriety or legal error in the Tribunal choosing this option.( AY. 2003-04 to 2009-10)<\/p>\n","protected":false},"excerpt":{"rendered":"
S. 254(1) : Appellate Tribunal- Powers- When the Supreme Court stayed the appeals before High Court on issue raised before Tribunal, the Tribunal is justified in not hearing the appeal . [ S.80IB(9)]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1418","post","type-post","status-publish","format-standard","hentry","category-digest"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-mS","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/1418","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=1418"}],"version-history":[{"count":2,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/1418\/revisions"}],"predecessor-version":[{"id":2944,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/1418\/revisions\/2944"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=1418"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=1418"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=1418"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}