AdvertisementJoe Antony Vs ITO (Kerala High Court)The Kerala High Court considered writ petitions challenging assessment orders in which exemption claimed under Section 10(16) of the Income Tax Act was declined. The High Court accepted the proposition that stipend received by a Medical PG student is liable for exemption under Section 10(16), but held that the nature of the particular receipts was a factual dispute. The Court therefore disposed of the writ petitions, directing the petitioners to pursue the statutory remedies against the assessment orders. To facilitate this, coercive proceedings arising from the assessment orders were directed to remain in abeyance for two months. FULL TEXT OF THE JUDGMENT/ORDER OF KERALA HIGH COURTIn both these cases, the petitioners are assessees under the Income Tax Act.