https://www.taxtmi.com/caselaws?id=65618 The Appellate Tribunal rejected the stay petitions filed by the assessee, emphasizing that despite the completion of appeals, it retained inherent jurisdiction and statutory powers to grant stay of recovery proceedings until references to higher courts were disposed of. The Tribunal cited relevant court decisions, including one from the Supreme Court, affirming its authority to stay recovery proceedings even after appeal disposal. However, as there were no pending matters or references before the Tribunal or High Court, the stay petitions were denied based on established legal principles. en-us Fri, 17 Aug 1990 00:00:00 +0530 Fri, 18 Feb 2011 10:03:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=65618 The Appellate Tribunal rejected the stay petitions filed by the assessee, emphasizing that despite the completion of appeals, it retained inherent jurisdiction and statutory powers to grant stay of recovery proceedings until references to higher courts were disposed of. The Tribunal cited relevant court decisions, including one from the Supreme Court, affirming its authority to stay recovery proceedings even after appeal disposal. However, as there were no pending matters or references before the Tribunal or High Court, the stay petitions were denied based on established legal principles. Case-Laws Income Tax Fri, 17 Aug 1990 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=65618