https://www.taxtmi.com/caselaws?id=55993 The Tribunal dismissed the Department's petition challenging the stay order, emphasizing its inherent powers to grant stay orders and highlighting the distinction in powers between the Tribunal and other appellate authorities. The Tribunal found the Department's arguments lacking merit both factually and legally, noting that the provisions of section 249(4) cannot be implicitly applied to the Tribunal. Additionally, the Tribunal mentioned a legislative amendment affecting the appellate process for block assessments post-July 1996, indicating potential differences in the application of section 249(4) after the amendment. en-us Wed, 07 May 1997 00:00:00 +0530 Wed, 01 Dec 2010 10:25:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=55993 The Tribunal dismissed the Department's petition challenging the stay order, emphasizing its inherent powers to grant stay orders and highlighting the distinction in powers between the Tribunal and other appellate authorities. The Tribunal found the Department's arguments lacking merit both factually and legally, noting that the provisions of section 249(4) cannot be implicitly applied to the Tribunal. Additionally, the Tribunal mentioned a legislative amendment affecting the appellate process for block assessments post-July 1996, indicating potential differences in the application of section 249(4) after the amendment. Case-Laws Income Tax Wed, 07 May 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=55993