Kerala HC stays Recovery Proceedings till disposal of Stay Application or Appeal

Kunnappilly Builders LL.P Vs ACIT (Kerala High Court) Introduction: The legal battle between Kunnappilly Builders LL.P and the Income Tax Department reached a pivotal moment as the Kerala High Court issued a directive to halt recovery proceedings pending the disposal of the appeal. This article delves into the details of the case, examining the court’s judgment and its implications. Detailed Analysis: The appellant, dissatisfied with Ext.P1 assessment order for the 2015-­2016 assessment years under the Income Tax Act, took recourse in Ext.P2 appeal and Ext.P3 stay application. As the re...