Stay of tax recovery subject to instalments was left undisturbed, with a direction to decide the appeal within six months.

The Madras High Court declined to interfere with the Income Tax Appellate Tribunal's order granting stay of recovery of tax subject to instalmental payment. The writ petition was disposed of on that basis, and the Court additionally directed that the pending appeal be decided within six months.

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Issues: Whether interference was warranted with the Income Tax Appellate Tribunal's order granting stay of recovery of tax subject to instalmental payment, and whether any further direction was required.

Outcome: The writ petition was disposed of without interfering with the Tribunal's stay order, except for a direction to dispose of the appeal within six months.

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