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2003 (9) TMI 75 - HC - Income TaxTax recovery - The Tribunal declined to stay the recovery proceedings. The alternative prayer made by the assessee that the appeal be heard out of turn has been accepted by the Tribunal and the case is now fixed for final hearing on October 7, 2003. The petitioner wants this court to stay the recovery proceedings till the disposal of the appeal. The amount involved is quite substantial and we are of the view that the Tribunal had put the parties to reasonable terms which the petitioner could not comply with. There is, thus, no ground for us to interfere particularly when the appeal is pending before the Tribunal for final disposal.
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