https://www.taxtmi.com/caselaws?id=23336 The High Court upheld the Tribunal's decision not to grant a stay of reassessment proceedings, emphasizing the balance of convenience favored the Revenue due to the age of assessments and potential multiplicity of proceedings. The Court concluded that the Tribunal lacked the power to grant a stay and dismissed the petition without costs, rejecting the oral application for a stay of the order. en-us Tue, 13 Mar 1990 00:00:00 +0530 Fri, 18 Dec 2009 13:32:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=23336 The High Court upheld the Tribunal's decision not to grant a stay of reassessment proceedings, emphasizing the balance of convenience favored the Revenue due to the age of assessments and potential multiplicity of proceedings. The Court concluded that the Tribunal lacked the power to grant a stay and dismissed the petition without costs, rejecting the oral application for a stay of the order. Case-Laws Income Tax Tue, 13 Mar 1990 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=23336