https://www.taxtmi.com/caselaws?id=20819 The High Court determined that it does not have the authority to grant a stay against the realization of tax in an application made by the assessee under section 256(2) of the Income-tax Act, 1961. The court clarified that its jurisdiction under section 256 is limited to providing opinions on referred legal questions and does not extend to granting stays or interim injunctions. As a result, the High Court vacated the stay order and disposed of the civil miscellaneous petition. en-us Fri, 02 Apr 1993 00:00:00 +0530 Tue, 17 Nov 2009 13:40:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=20819 The High Court determined that it does not have the authority to grant a stay against the realization of tax in an application made by the assessee under section 256(2) of the Income-tax Act, 1961. The court clarified that its jurisdiction under section 256 is limited to providing opinions on referred legal questions and does not extend to granting stays or interim injunctions. As a result, the High Court vacated the stay order and disposed of the civil miscellaneous petition. Case-Laws Income Tax Fri, 02 Apr 1993 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=20819