IT : Where assessee was willing to pursue remedy as provided in section 260A, coercive proceedings against assessee would be kept in abeyance for a period of two weeks on condition that assessee satisfied 1/3rd of balance liability
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[2015] 55 taxmann.com 177 (Kerala)
HIGH COURT OF KERALA
Thomas George Muthoot
v.
Assistant Commissioner of Income Tax, Circle-I, Thiruvalla*
P.R. RAMACHANDRA MENON, J.
W.P. (C) NO. 27987 OF 2014 (W)
NOVEMBER 6, 2014
Section 260A of the Income-tax Act, 1961 - High Court - Appeal to (Coercive proceedings kept in abeyance) - Assessment years 2006-07 and 2007-08 - Whether where assessee was willing to pursue remedy as provided in section 260A, coercive proceedings against assessee would be kept in abeyance for a period of two weeks on condition that assessee satisfied 1/3rd of balance liability - Held, yes [Para 7] [In favour of assessee]
■■■
[2015] 55 taxmann.com 177 (Kerala)
HIGH COURT OF KERALA
Thomas George Muthoot
v.
Assistant Commissioner of Income Tax, Circle-I, Thiruvalla*
P.R. RAMACHANDRA MENON, J.
W.P. (C) NO. 27987 OF 2014 (W)
NOVEMBER 6, 2014
Section 260A of the Income-tax Act, 1961 - High Court - Appeal to (Coercive proceedings kept in abeyance) - Assessment years 2006-07 and 2007-08 - Whether where assessee was willing to pursue remedy as provided in section 260A, coercive proceedings against assessee would be kept in abeyance for a period of two weeks on condition that assessee satisfied 1/3rd of balance liability - Held, yes [Para 7] [In favour of assessee]
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