Demand of Income Tax stays automatically on deposit of 20% of Assessed Tax: Kerala HC directs to decide Stay Petition [Read Order]

The Kerala HC directed to decide stay petition against the income tax assessment order

By Yogitha S. Yogesh - On February 6, 2024 7:16 am - 2 mins read

Income Tax - Kerala High Court - Income Tax demand - Assessed Tax - Petition for stay - Tax deposit - taxscan

The Single bench of Kerala High Court has held that the demand of Income tax stays automatically on a deposit of 20% of assessed tax and directed to decide stay petition. Preetha Ajay, the petitioner filed a petition to issue a writ of mandamus, and such other writ, order or direction, directing the second Respondent…

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