ITAT unhappy with delay in hearing of special bench cases; formulated guidelines for expeditious hearing

IT : Stay applications are filed seeking extension of the stay granted by the Tribunal in respect of income tax and interest demands, arising out of the assessment orders, which are impugned in appeals before Tribunal and have been referred to a Special Bench of the Tribunal and the assessee pointed out that though the Special Bench was constituted almost two years ago, the matter has not come up for hearing at all

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