Kerala HC Stays Income Tax Recovery Pending appellate authority Appeal Decision

South Coast Spices Exports Pvt. Ltd. Vs PCIT (Kerala High Court) Kerala High Court has temporarily halted coercive recovery actions against South Coast Spices Exports Pvt. Ltd. in a recent ruling. The company had filed petitions challenging assessment orders for the assessment years 2015-16, 2018-19, 2020-21, and 2021-22 issued under the Income Tax Act. The spice exporter has already filed appeals against these orders, along with stay petitions, which are currently pending before the appellate authority, the 3rd respondent in this case. The High Court, acknowledging the pending appeals and sta...