Deal with cases in which there is stay of Tax recovery on higher priority: HC to ITAT

PCIT Vs Nokia Solutions & Networks India Pvt. Ltd. (Delhi High Court) Hon;ble High 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. FULL TEXT OF THE HIGH COURT ORDER / JUDGMENT Issue notice. Learned counsel for the respondent accepts notice. He fairly does not oppose the applications...