https://www.taxtmi.com/caselaws?id=208625 The Tribunal granted the stay petition against the recovery of Rs.13,82,64,134/-, considering the strong prima facie case and the financial constraints of the assessee. Specific conditions were imposed, including expediting the appeal's final disposal and restrictions on adjournments and disposal of fixed assets. The Tribunal emphasized the need for prudence in granting stays based on relevant factors, distinguishing between writ and appellate jurisdiction. The decision aligned with established principles, ensuring a fair balance between the parties' interests. en-us Fri, 12 Feb 2010 00:00:00 +0530 Mon, 23 Jan 2012 08:34:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=208625 The Tribunal granted the stay petition against the recovery of Rs.13,82,64,134/-, considering the strong prima facie case and the financial constraints of the assessee. Specific conditions were imposed, including expediting the appeal's final disposal and restrictions on adjournments and disposal of fixed assets. The Tribunal emphasized the need for prudence in granting stays based on relevant factors, distinguishing between writ and appellate jurisdiction. The decision aligned with established principles, ensuring a fair balance between the parties' interests. Case-Laws Income Tax Fri, 12 Feb 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=208625