https://www.taxtmi.com/caselaws?id=69995 The Tribunal has inherent power to stay demand and specify the mode of recovery, such as granting instalments, during the pendency of an appeal. The Supreme Court clarified that the Tribunal's wide powers under section 254 of the Income-tax Act include the authority to stay recovery proceedings to prevent appeals from becoming ineffective. The Tribunal's discretion in granting stay should consider the appellant's circumstances and public interest, as highlighted in various legal precedents. The Commissioner's reference application was rejected for lack of merit, as the issue was not raised during the original proceedings before the Tribunal. en-us Tue, 13 Feb 1990 00:00:00 +0530 Wed, 13 Apr 2011 12:51:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=69995 The Tribunal has inherent power to stay demand and specify the mode of recovery, such as granting instalments, during the pendency of an appeal. The Supreme Court clarified that the Tribunal's wide powers under section 254 of the Income-tax Act include the authority to stay recovery proceedings to prevent appeals from becoming ineffective. The Tribunal's discretion in granting stay should consider the appellant's circumstances and public interest, as highlighted in various legal precedents. The Commissioner's reference application was rejected for lack of merit, as the issue was not raised during the original proceedings before the Tribunal. Case-Laws Income Tax Tue, 13 Feb 1990 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=69995