TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Case Laws
of of All Case Laws
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>High Court dismisses writ petition against Tribunal's stay of gift-tax collection pending appeal; Tribunal has implied power to grant stay.</h1> The High Court of Madras dismissed a writ petition seeking a writ of certiorari against the Income-tax Appellate Tribunal for granting a stay of gift-tax ... Gift Tax Act, 1958 - petition by department -seeking for the issuance of a writ of certiorari against the Tribunal which by its order granted a stay of the collection of the gift-tax payable by the first respondent pursuant to the orders of the assessing authority, pending disposal of the appeal - held that Tribunal had no jurisdiction to grant such stay during the pendency of the appeal before it - no question of wrongful exercise of jurisdiction, therefore, arises The High Court of Madras dismissed a writ petition seeking a writ of certiorari against the Income-tax Appellate Tribunal for granting a stay of gift-tax collection pending appeal. The court held that the Tribunal had the implied power to grant stay during appeal proceedings, similar to powers under the Income-tax Act. The petition was dismissed, and no costs were awarded.
TaxTMI 
TaxTMI 
