Demand of Income Tax made on Interstate Spices Dealer based on High-Value Transaction: Kerala HC upholds Order which allows to seek Statutory Remedy [Read Order]

The Kerala HC upheld the time limit given to the assessee who challenged the demand for Income Tax made based on High-Value transactions
Kerala High Court - Income Tax - Income Tax Demand - taxscan

The Kerala High Court upheld the order of the single judge which allowed specified time to seek statutory remedy under the Income Tax Act, 1961 on the challenge aginst demand of Income Tax made on Interstate spices Dealers based on High-Value Transaction. The Court found that the appellant admittedly did not file any reply to…

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