This is premium content. Please become a Premium member. If you are already a member, login here to access the full content.
Income Tax Recovery Stayed Automatically with 20% Pre-Deposit for Appeal: Madras HC
Case Law Details
- Case Name
- Ranjit V Srivatsaa Vs ITO (Madras High Court)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Courts
- All High Courts, Madras High Court
Upgrade to Basic or Premium to download.
Already Upgraded? Log in.
Ranjit V Srivatsaa Vs ITO (Madras High Court)
Madras High Court has issued a significant directive concerning income tax recovery, affirming that such proceedings are automatically stayed once an assessee deposits 20% of the disputed tax amount while filing an appeal. The ruling, delivered in the case of Ranjit V Srivatsaa Vs. Income Tax Officer (ITO), led to the quashing of a recovery notice that had been issued despite the petitioner’s adherence to the pre-deposit requirement.
The legal challenge originated from a recovery notice dated December 16, 2024, which the petitioner, Ranjit V ...
