https://www.taxtmi.com/caselaws?id=210970 The High Court of Kerala addressed the concerns of cooperative societies facing apprehended tax recovery under the Income Tax Act. The court directed petitioners to file stay petitions before the appellate authority to avoid tax payment. It instructed petitioners in two writ petitions to file stay petitions within two weeks and directed the appellate authority to expedite consideration. Recovery action for tax in one petition was stayed pending the stay petition outcome. The court emphasized compliance and disposal of the writ petitions with specific directives to halt recovery proceedings subject to filing and consideration of stay petitions. en-us Tue, 14 Feb 2012 00:00:00 +0530 Sat, 25 Feb 2012 12:39:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=210970 The High Court of Kerala addressed the concerns of cooperative societies facing apprehended tax recovery under the Income Tax Act. The court directed petitioners to file stay petitions before the appellate authority to avoid tax payment. It instructed petitioners in two writ petitions to file stay petitions within two weeks and directed the appellate authority to expedite consideration. Recovery action for tax in one petition was stayed pending the stay petition outcome. The court emphasized compliance and disposal of the writ petitions with specific directives to halt recovery proceedings subject to filing and consideration of stay petitions. Case-Laws Income Tax Tue, 14 Feb 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=210970