https://www.taxtmi.com/caselaws?id=258802 The High Court clarified that the Tribunal cannot extend the stay period beyond 365 days from the initial grant of stay. As the petitioner's appeal was pending and the 365-day period had elapsed, the Tribunal could not grant any further extension of stay. The High Court, in exercise of its jurisdiction under Article 226 of the Constitution, granted a stay of recovery of the balance amount until the appeal is disposed of by the Tribunal, emphasizing the importance of adhering to legal limitations. en-us Fri, 10 Apr 2015 00:00:00 +0530 Mon, 20 Apr 2015 11:15:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=258802 The High Court clarified that the Tribunal cannot extend the stay period beyond 365 days from the initial grant of stay. As the petitioner's appeal was pending and the 365-day period had elapsed, the Tribunal could not grant any further extension of stay. The High Court, in exercise of its jurisdiction under Article 226 of the Constitution, granted a stay of recovery of the balance amount until the appeal is disposed of by the Tribunal, emphasizing the importance of adhering to legal limitations. Case-Laws Income Tax Fri, 10 Apr 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=258802