Kerala HC directs to Defer Income Tax Recovery till Disposal of Stay Petition before CIT(A) [Read Order]

Pendency of Stay Petition allows Assessee to defer Income Tax Recovery
Kerala High Court - Income Tax - Income Tax Recovery - Disposal of Stay Petition - TAXSCAN

A Single Bench of the Kerala High Court has directed that amounts adjudicated as due from the petitioner shall not be recovered till a decision is taken on stay petition before the Commissioner of Income Tax (Appeals) [CIT(A)]. The petitioner stated that they had suffered the Ext.P1 order of assessment under the provisions of the…

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