2018 (5) TMI 2168 - HC - Income Tax

Relief granted to discharge the liability towards income tax in 12 equal monthly instalments - As submitted at the Bar by the appellant that the appellant had already remitted the first instalment within time and they now seek indulgence of this Court to enlarge the instalments to 24, pointing out the financial difficulties faced by them - HELD THAT - Anyhow, taking note of the huge liability cast upon the appellant, we are of the view that the appellant should be given 20 instalments to pay off the balance amount due after the deduction of the payment already effected.

Summary

The High Court of Kerala allowed the appellant to pay income tax liability in 20 monthly installments instead of 12, due to financial difficulties. The appellant had already paid the first installment on time. The writ appeal was disposed with this modification.