:) After interim suspension of the Special bench verdict in Merilyn Shipping by the Hon'ble A.P High Court, CBDT had sent a written communication to all the CIT(A)s in the country enclosing a copy of the Andhra Pradesh High Court's order of 'interim suspension' informing them that the 'perverse' order of Special Bench has been stayed on the issue. After that CIT(A)s were refusing to follow Merilyn Shipping. After the article written by me was hosted in ITAT Online, a Ld. CIT(A) at Kolkata has been pleased to follow the judgment of the Hon'ble Calcutta High Court in Pijush Kanti Chaudhury vs. State of West Bengal referred to by me in the Article, holding that the 'stay' of an order does not destroy its binding impact.
• For the Full text of the order of the Ld. CIT(A), Please visit-
www.subashagarwal.blogspot.in
Congratulations sir !! :)
Thanks Anumita!!!
:) ITAT also lifts embargo!!!