Kerala HC directs to deposit 12 crore as Advance Tax for  maintaining Appeal against  Assessment Order [Read Order]

Appeal against assessment order entertain only after paying 12 core as advance tax, directs Kerala High Court
By Aparna. M - On April 3, 2024 2:47 pm - 2 mins read
Kerala High Court - Kerala HC - Advance Tax deposit appeal - Tax appeal deposit requirement - Financial implications of tax appeals - Taxscan

In a significant case the  Kerala high court directed to deposit 2 crore as advance tax for maintaining appeal against assessment order. In this case the petitioner Alka Ventures Private Limited is a Private Limited Company engaged in the real estate business. For the assessment year 2016-17, the petitioner did not file a return of…

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