https://www.taxtmi.com/caselaws?id=28872 In a proper and exceptional case, the High Court may use its inherent powers under Section 151 CPC and supervisory jurisdiction under Article 227 to stay collection of income-tax pending a reference under Section 256 of the Income-tax Act, where otherwise the reference could be rendered ineffective. The text also notes that stay relief may be justified on special facts, such as a consistent accounting method accepted in earlier years and a later change in departmental view, but the relief can be conditioned to protect revenue by requiring partial payment and a bank guarantee for the balance. en-us Tue, 26 Aug 1980 00:00:00 +0530 Mon, 08 Mar 2010 12:36:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=28872 In a proper and exceptional case, the High Court may use its inherent powers under Section 151 CPC and supervisory jurisdiction under Article 227 to stay collection of income-tax pending a reference under Section 256 of the Income-tax Act, where otherwise the reference could be rendered ineffective. The text also notes that stay relief may be justified on special facts, such as a consistent accounting method accepted in earlier years and a later change in departmental view, but the relief can be conditioned to protect revenue by requiring partial payment and a bank guarantee for the balance. Case-Laws Income Tax Tue, 26 Aug 1980 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=28872