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Kerala HC Stays Recovery Pending Appeal on Section 80P Deduction Dispute
Case Law Details
- Case Name
- Renjith K.R. Vs Assessing Officer (Kerala High Court)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Courts
- All High Courts, Kerala High Court
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Renjith K.R. Vs Assessing Officer (Kerala High Court)
Kerala HC Stays Recovery – NFAC Directed to Decide Co-op Bank’s 80P Appeal in Light of Mavilayi Ruling
The petitioner, representing the Government Employees Co-operative Bank Ltd. No.57, challenged recovery action initiated based on the assessment order for AY 2019–20 while its appeal & stay petition were still pending before the NFAC. The petitioner contended that the primary dispute concerned denial of deduction u/s 80P of the Income-tax Act, which stood settled in favour of co-operative societies by the Supreme Court in Mavilay...
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