Bombay HC puts Income Tax Assessment of Deepak Kochhar on hold

Deepak Kochhar Vs DCIT (Bombay High Court) In the well known case of Deepak Kochhar, the husband of ex-ICICI Bank CEO Chanda Kochhar Bombay High Court has held that petitioner may file appeal under Section 246-A of the Act before the first appellate authority against the assessment order dated 28.12.2019 within a period of four weeks from today. It is also open to the petitioner to file an application for stay along with the appeal in which event the same shall be considered by the appellate authority in accordance with law. It further held that To enable the petitioner to avail his remedy as ...