https://www.taxtmi.com/caselaws?id=176634 The Tribunal has the inherent power to grant stay, even though not expressly provided in the Statute. The abolition of a specific section did not diminish the Tribunal's authority to extend stay, as it only restricted the duration of stay. The Tribunal's power to extend stay was upheld based on previous judgments and the principle that the Tribunal possesses incidental and ancillary powers necessary to effectively exercise its statutory powers. The decision ensures that appellants are not unfairly penalized due to delays in appeal proceedings beyond their control, and the stay was extended considering the circumstances. en-us Thu, 14 May 2015 00:00:00 +0530 Fri, 25 Dec 2015 12:18:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=176634 The Tribunal has the inherent power to grant stay, even though not expressly provided in the Statute. The abolition of a specific section did not diminish the Tribunal's authority to extend stay, as it only restricted the duration of stay. The Tribunal's power to extend stay was upheld based on previous judgments and the principle that the Tribunal possesses incidental and ancillary powers necessary to effectively exercise its statutory powers. The decision ensures that appellants are not unfairly penalized due to delays in appeal proceedings beyond their control, and the stay was extended considering the circumstances. Case-Laws Customs Thu, 14 May 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=176634