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    <title>1977 (7) TMI 47 - DELHI High Court</title>
    <link>https://www.taxtmi.com/caselaws?id=38537</link>
    <description>In an income-tax reference, the High Court retains inherent power to stay recovery of tax in a proper case, because the statutory rule that tax remains payable notwithstanding a reference does not by itself bar discretionary interim relief. On the facts, stay was justified since the same income had already been taxed and paid in the karta&#039;s individual assessment, and immediate recovery from the Hindu undivided family would cause hardship while the revenue could be protected by security. Recovery of the disputed demand was therefore stayed on terms, subject to furnishing adequate security.</description>
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    <pubDate>Fri, 15 Jul 1977 00:00:00 +0530</pubDate>
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      <title>1977 (7) TMI 47 - DELHI High Court</title>
      <link>https://www.taxtmi.com/caselaws?id=38537</link>
      <description>In an income-tax reference, the High Court retains inherent power to stay recovery of tax in a proper case, because the statutory rule that tax remains payable notwithstanding a reference does not by itself bar discretionary interim relief. On the facts, stay was justified since the same income had already been taxed and paid in the karta&#039;s individual assessment, and immediate recovery from the Hindu undivided family would cause hardship while the revenue could be protected by security. Recovery of the disputed demand was therefore stayed on terms, subject to furnishing adequate security.</description>
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      <pubDate>Fri, 15 Jul 1977 00:00:00 +0530</pubDate>
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