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    <title>Vacation of stay orders in light of S.C. judgement.</title>
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    <description>High Courts and the Supreme Court lack authority to grant stay of recovery in income-tax matters; interim orders should not be routinely granted on a prima facie showing. The Board directs immediate action to seek vacation of such stay orders to protect revenue, requiring officers to list cases where recovery of outstanding demand exceeds the specified threshold and to report the action taken by the stated deadline.</description>
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    <pubDate>Thu, 13 Nov 1986 00:00:00 +0530</pubDate>
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      <title>Vacation of stay orders in light of S.C. judgement.</title>
      <link>https://www.taxtmi.com/circulars?id=9700</link>
      <description>High Courts and the Supreme Court lack authority to grant stay of recovery in income-tax matters; interim orders should not be routinely granted on a prima facie showing. The Board directs immediate action to seek vacation of such stay orders to protect revenue, requiring officers to list cases where recovery of outstanding demand exceeds the specified threshold and to report the action taken by the stated deadline.</description>
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      <pubDate>Thu, 13 Nov 1986 00:00:00 +0530</pubDate>
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