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SC to decide whether stay order could be applied in subsequent years for pending assessments

January 16, 2017[2017] 78 taxmann.com 79 (SC)
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CST & VAT : Karnataka VAT - Where SC, while considering assessee's application for stay of recovery of tax for period from April, 2005 to July, 2008, vide order dated 3-5-2010 observed that let AA proceed with assessment proceedings but no recovery would be made till further orders and in meantime AA completed assessment for subsequent period and HC did not accept assessee's plea that in view of order of SC no recovery could be made by AA for subsequent period and held that SC itself would clarify said aspect, SLP required to be granted

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