BOMBAY HIGH COURT - Income Tax
Recovery proceedings - Held that:- The petitioner's appeal is pending before CIT (A), the recovery proceedings should be initiated only after the decision in appeal - CIT(A) has inherent power to do all that necessary for the just disposal of the appeal and the same would include the power to stay the demand pending disposal of the appeal before it - The petitioner has already filed a stay application before the CIT(A) in its pending appeal - Petition was disposed with a direction to CIT(A) to hear and decide the petitioner's stay application as expeditiously as possible, preferably within four weeks from today.
Regards
Prarthana Jalan
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