Relief to Pankajakasturi Herbals: Kerala HC rules Last Date Mentioned u/s 245C of Income Tax Act to File SetCom Application to Be Read as 31st March, 2021 [Read Order]

The Kerala High Court ruled the last date mentioned under Section 245C of the Income Tax Act, 1961 to file setcom application is to be read as 31st March, 2021, thereby granting major relief to Pankajakasturi Herbals.
Relief to Pankajakasturi Herbals - Pankajakasturi Herbals - Kerala HC - Kerala High Court - Income Tax Act - TAXSCAN

In a major relief to Pankajakasturi Herbals, the Kerala High Court ruled the last date mentioned under Section 245C of the Income Tax Act, 1961 to file setcom (Settlement Commission) application is to be read as 31st March, 2021. The present writ petitions have been filed, questioning orders in various writ petitions. The issue is…

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