https://www.taxtmi.com/caselaws?id=68415 The Tribunal's appellate power under the Wealth-tax Act was treated as carrying an implied incidental authority to stay recovery pending appeal, making a stay application maintainable and court fee payable by analogy to appeal fee provisions. It also accepted, in the special facts, one consolidated stay application for multiple appeals relating to different assessment years, although separate applications are the normal rule. On stay merits, relief was denied for one year because the request had become academic, but stay was granted for the remaining years where assessed wealth was at least twice the returned wealth, following the applicable High Court principle that demand should ordinarily be stayed in such a situation. en-us Mon, 24 Jul 2000 00:00:00 +0530 Tue, 29 Mar 2011 18:23:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=68415 The Tribunal's appellate power under the Wealth-tax Act was treated as carrying an implied incidental authority to stay recovery pending appeal, making a stay application maintainable and court fee payable by analogy to appeal fee provisions. It also accepted, in the special facts, one consolidated stay application for multiple appeals relating to different assessment years, although separate applications are the normal rule. On stay merits, relief was denied for one year because the request had become academic, but stay was granted for the remaining years where assessed wealth was at least twice the returned wealth, following the applicable High Court principle that demand should ordinarily be stayed in such a situation. Case-Laws Wealth-tax Mon, 24 Jul 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=68415