Stay granted is extended till disposal of appeal by CIT: Madras HC

Advertisement Aparajitha Foundations Vs CIT (Exemptions) (Madras High Court) Madras High Court directed Commissioner of Income Tax to dispose of the appeal within a period of 4 months and stay granted by the Court is directed to be extended till the disposal of appeal filed by the petitioner. Facts- The original assessment orders were passed by the respondent-Department and the petitioner preferred an appeal against the said assessment orders before the 4th respondent. In the meantime, a stay petition was filed before the 2nd respondent and the same was rejected and hence, the 2nd stay peti...