https://www.taxtmi.com/caselaws?id=56509 The Appellate Tribunal has the power and jurisdiction to stay recovery proceedings during the pendency of a reference application to the High Court. In this case, the Tribunal held that it has the authority to grant stay of recovery proceedings based on provisions in the Income Tax Act. However, the Tribunal found that the assessee failed to establish a strong prima facie case for the grant of stay in the specific circumstances presented. As there was no pending appeal before the Tribunal, the request to stay the recovery proceedings was rejected due to lack of merit. en-us Mon, 05 Oct 1987 00:00:00 +0530 Sat, 04 Dec 2010 11:23:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=56509 The Appellate Tribunal has the power and jurisdiction to stay recovery proceedings during the pendency of a reference application to the High Court. In this case, the Tribunal held that it has the authority to grant stay of recovery proceedings based on provisions in the Income Tax Act. However, the Tribunal found that the assessee failed to establish a strong prima facie case for the grant of stay in the specific circumstances presented. As there was no pending appeal before the Tribunal, the request to stay the recovery proceedings was rejected due to lack of merit. Case-Laws Income Tax Mon, 05 Oct 1987 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=56509