https://www.taxtmi.com/caselaws?id=7779 The Madras HC treated section 23(5) of the Gift-tax Act as in pari materia with section 254(1) of the Income-tax Act and applied the broader appellate powers recognised under that provision. It held that an appellate tribunal may exercise power to grant stay of tax collection by necessary implication where the statute confers wide appellate authority, even without an express stay provision. The Tribunal therefore had jurisdiction to stay collection pending disposal of the appeal, and the challenge to its order failed. en-us Mon, 23 Mar 1970 00:00:00 +0530 Thu, 19 Mar 2009 09:59:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=7779 The Madras HC treated section 23(5) of the Gift-tax Act as in pari materia with section 254(1) of the Income-tax Act and applied the broader appellate powers recognised under that provision. It held that an appellate tribunal may exercise power to grant stay of tax collection by necessary implication where the statute confers wide appellate authority, even without an express stay provision. The Tribunal therefore had jurisdiction to stay collection pending disposal of the appeal, and the challenge to its order failed. Case-Laws Income Tax Mon, 23 Mar 1970 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=7779