https://www.taxtmi.com/caselaws?id=206997 The Tribunal held that it can extend stay beyond 365 days post-2008 amendment if delay isn't due to assessee, following Ronak Industries Ltd. precedent. Stay applications were dismissed as demand was already recovered by Assessing Officer. The Tribunal also refused to order refund of recovered amount, as it was done by adjusting refunds, not coercive action. The Special Bench was deemed authorized to dispose of stay applications despite objections. en-us Tue, 29 Mar 2011 00:00:00 +0530 Sat, 03 Sep 2016 14:22:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=206997 The Tribunal held that it can extend stay beyond 365 days post-2008 amendment if delay isn't due to assessee, following Ronak Industries Ltd. precedent. Stay applications were dismissed as demand was already recovered by Assessing Officer. The Tribunal also refused to order refund of recovered amount, as it was done by adjusting refunds, not coercive action. The Special Bench was deemed authorized to dispose of stay applications despite objections. Case-Laws Income Tax Tue, 29 Mar 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=206997