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        Kerala HC allows income tax settlement in 20 installments due to financial hardship, extending original 12-month plan.

        M/s. Malabar Sands And Stones (P) Ltd Versus The Principal Commissioner of Income Tax (Central), Kochi And The Assistant Commissioner Of Income Tax Central Circle – 2 Kozhikode

        M/s. Malabar Sands And Stones (P) Ltd Versus The Principal Commissioner of Income Tax (Central), Kochi And The Assistant Commissioner Of Income Tax ... The High Court of Kerala allowed the appellant to pay income tax liability in 20 monthly installments instead of 12, due to financial difficulties. The appellant had already paid the first installment on time. The writ appeal was disposed with this modification.

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