https://www.taxtmi.com/caselaws?id=178842 The High Court of Kerala held that the Appellate Tribunal has the authority to stay the recovery of a penalty pending an appeal under the Income-tax Act, 1961. The court emphasized that the power to stay is inherent in the appellate jurisdiction, even if not expressly provided for in the statute. The court quashed the Tribunal's order and remanded the case for proper disposal, ruling in favor of the petitioner without costs. en-us Mon, 27 Sep 1965 00:00:00 +0530 Sat, 13 Feb 2016 13:16:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=178842 The High Court of Kerala held that the Appellate Tribunal has the authority to stay the recovery of a penalty pending an appeal under the Income-tax Act, 1961. The court emphasized that the power to stay is inherent in the appellate jurisdiction, even if not expressly provided for in the statute. The court quashed the Tribunal's order and remanded the case for proper disposal, ruling in favor of the petitioner without costs. Case-Laws Income Tax Mon, 27 Sep 1965 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=178842