https://www.taxtmi.com/caselaws?id=330154 The court upheld the orders rejecting stay applications for Assessment Years 2012-13 and 2013-14 under Section 220(6) of the Income Tax Act, 1961, due to the petitioners' failure to seek a review. The court directed the petitioners to file review applications within a week, restraining the Revenue from further bank account actions until the Commissioner of Income Tax's decision and for an additional two weeks thereafter. The court emphasized the need for independent consideration of stay applications and adherence to established parameters. No costs were awarded in this matter. en-us Mon, 11 Jul 2016 00:00:00 +0530 Tue, 19 Jul 2016 13:03:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=330154 The court upheld the orders rejecting stay applications for Assessment Years 2012-13 and 2013-14 under Section 220(6) of the Income Tax Act, 1961, due to the petitioners' failure to seek a review. The court directed the petitioners to file review applications within a week, restraining the Revenue from further bank account actions until the Commissioner of Income Tax's decision and for an additional two weeks thereafter. The court emphasized the need for independent consideration of stay applications and adherence to established parameters. No costs were awarded in this matter. Case-Laws Income Tax Mon, 11 Jul 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=330154