CIT(A) has inherent power to Grant Stay : P&H HC

The Hon’ble Punjab & Haryana High Court in a landmark judgement has laid down that CIT(A) has power to Grant stay of demand. In this case, even the demand had already been recovered from the appellant. But still the court went on to hold so. While disposing off this issue, the Court relied upon the judgements in Prem Parkash Tripathi vs. CIT 208 ITR 461 (All.), Paulsons Litho Works vs ITO 208 ITR 676 (Mad.) and Maheshwari Agro Industries vs. UOI 346 ITR 375 (Raj.).

To read complete text of judgement, click here Sanjay Kumar-P&H HC