Relief to Kalyan Jewellers: Kerala HC Stays Coercive Steps on Apprehension of Income Tax Assessment Order Enforcement during Appeal Proceedings [Read Order]

The Kerala High Court HC imposed stay on proceedings against Kalyan jewelers by the The Assistant Commissioner of Income Tax
Kalyan Jewellers - Kerala high court - Coercive Steps on Apprehension - Income Tax - Assessment Order - taxscan

A single judge bench of the Kerala High Court has imposed a stay on proceedings against Kalyan jewelers by the Income tax department. The assessee contends that, displeased with the  assessment order, they have submitted the appeal, stay petition, and delay petition to the respondent. The petitioner, Kalyan Jewelers India Ltd, is concerned that, while…

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