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of <h1>CBDT Directs Tax Officials to Lift Stay Orders on Recovery, Following Supreme Court Rulings on Fiscal Matters.</h1> The circular from the Central Board of Direct Taxes (CBDT) instructs tax officials to take immediate steps to vacate stay orders on tax recovery, following Supreme Court judgments. The Supreme Court ruled in the case of CIT vs. Bansidhar & Sons that courts do not have the authority to stay tax recovery actions, as their role is advisory. Additionally, in Asst. Collector of Central Excise vs. Dunlop (India) Ltd, the Court emphasized that fiscal matters should favor the government. Officials must prepare a list of cases with outstanding demands exceeding Rs. 1 lakh and report actions taken by November 30, 1986.
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