https://www.taxtmi.com/caselaws?id=69063 ITAT Madras-A held that recovery powers affecting tax enforcement must be exercised fairly and with reasons, and that the assessee had a legitimate expectation of a speaking order on its stay request. The Commissioner's refusal to grant stay, made without proper consideration, was arbitrary and contrary to natural justice. On the facts, the assessee showed a prima facie case and the bank-account attachment was hampering business, while the Revenue could still be safeguarded by conditions. Interim stay was granted, the bank attachment was lifted, and recovery was kept in abeyance subject to stipulated payment. en-us Wed, 09 Dec 1992 00:00:00 +0530 Mon, 04 Apr 2011 18:14:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=69063 ITAT Madras-A held that recovery powers affecting tax enforcement must be exercised fairly and with reasons, and that the assessee had a legitimate expectation of a speaking order on its stay request. The Commissioner's refusal to grant stay, made without proper consideration, was arbitrary and contrary to natural justice. On the facts, the assessee showed a prima facie case and the bank-account attachment was hampering business, while the Revenue could still be safeguarded by conditions. Interim stay was granted, the bank attachment was lifted, and recovery was kept in abeyance subject to stipulated payment. Case-Laws Income Tax Wed, 09 Dec 1992 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=69063