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    <description>During pendency of a reference application before the High Court, the Tribunal retained power to continue the earlier stay order because the matter remained pending before it and the High Court was exercising an advisory jurisdiction. The Tribunal also relied on the fact that a substantial amount had already been deposited under the earlier stay. On that basis, the stay was extended and ordered to remain in force until final disposal of the reference application, benefiting the assessee.</description>
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      <description>During pendency of a reference application before the High Court, the Tribunal retained power to continue the earlier stay order because the matter remained pending before it and the High Court was exercising an advisory jurisdiction. The Tribunal also relied on the fact that a substantial amount had already been deposited under the earlier stay. On that basis, the stay was extended and ordered to remain in force until final disposal of the reference application, benefiting the assessee.</description>
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