HC refuses to exercise its writ jurisdiction as appellate authority seized of the matter

Prathibha Traders Vs ACIT (Kerala High Court) Introduction: The Kerala High Court, in the case of Prathibha Traders vs. ACIT, has declined to exercise its writ jurisdiction alongside the appellate authority. The petitioner sought relief for the prompt resolution of their appeal and stay application, expressing concerns about ongoing recovery proceedings. Detailed Analysis: The assessment proceedings for the petitioner’s income in the fiscal year 2017-18 were concluded with an order dated March 26, 2022, assessing a total income of Rs. 34,14,093. Subsequently, the petitioner filed an appe...