Kerala HC urges Swift Action on Stay Petition after Income Tax Authorities denies Deduction and Imposes Penalty u/s 270A [Read Order]

The Deputy Commissioner of Income Tax shall expedite the stay petition within 2 months as directed by the Kerala HC
By Navasree A.M - On January 16, 2024 11:04 am - 2 mins read
Kerala HC - Kerala high court - Income Tax - Income Tax Authorities - Income Tax penalty - Income Tax deduction - taxscan

In a recent case, the Kerala High Court made it clear that it prefers not to engage in parallel jurisdiction with the appellate authority to grant the interim order requested by the petitioner’s counsel. Nevertheless, the High Court instructed the Deputy Commissioner of Income Tax (DCIT) to accelerate the processing of the petitioner’s stay petition…

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