Assessee allowed for monthly instalment facility to pay the tax liability with interest

Assessee allowed for monthly instalment facility to pay the tax liability with interest

Posted: 25 Dec 2020 08:15 PM PST

The Hon'ble Kerala High Court in Malayalam Motors Pvt. Ltd. v. The Assistant State Tax Officer [WP(C). No. 21490 of 2020(I) dated October 12, 2020] held that, the assessee who has sought an instalment facility to pay the admitted tax, together with interest thereon, shall be permitted to discharge the tax liability, inclusive of any interest and late fee thereon, in equal successive monthly...

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