https://www.taxtmi.com/caselaws?id=14538 The court dismissed the writ petition seeking to quash an order rejecting reference applications under section 256(1) of the Income-tax Act due to delay in filing beyond the specified period. The court held that the proviso to section 256(1) limits the tribunal's power to condone delays to only 30 days, emphasizing that the tribunal had no jurisdiction to extend the period further. The court distinguished cases applying section 5 of the Limitation Act, highlighting the specific restriction in section 256(1) proviso. Consequently, the petitioner's argument based on holidays and past precedents was rejected, leading to the dismissal of the petition. en-us Thu, 04 Jan 2001 00:00:00 +0530 Fri, 17 Jul 2009 10:58:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=14538 The court dismissed the writ petition seeking to quash an order rejecting reference applications under section 256(1) of the Income-tax Act due to delay in filing beyond the specified period. The court held that the proviso to section 256(1) limits the tribunal's power to condone delays to only 30 days, emphasizing that the tribunal had no jurisdiction to extend the period further. The court distinguished cases applying section 5 of the Limitation Act, highlighting the specific restriction in section 256(1) proviso. Consequently, the petitioner's argument based on holidays and past precedents was rejected, leading to the dismissal of the petition. Case-Laws Income Tax Thu, 04 Jan 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=14538