2012 (4) TMI 118 - HC - Income Tax

Recovery of duty - Petition to defer recovery proceedings - appeal against the order/ rectification order and stay petition are pending consideration - Held that - 2nd respondent is directed to consider stay petition filed within stipulated time. Meanwhile further proceedings for recovering the amount due under said orders will be kept in abeyance.

Summary

The High Court of Kerala directed the 2nd respondent to consider the stay petition filed by the petitioner within 8 weeks. Recovery proceedings for the amount due under Ext.P1 and P3 will be kept in abeyance during this period.