Muthoot Properties & Investments v. The Union of India / The ACIT, Circle-1, Thiruvalla / The Commissioner of Income-tax (Appeals),-I, Thiruvananthapuram / The Deputy Commissioner of Income-tax, Circle-I, Thiruvalla
[Citation -2015-LL-0407-34]
| Citation | 2015-LL-0407-34 |
|---|---|
| Appellant Name | Muthoot Properties & Investments |
| Respondent Name | The Union of India / The ACIT, Circle-1, Thiruvalla / The Commissioner of Income-tax (Appeals),-I, Thiruvananthapuram / The Deputy Commissioner of Income-tax, Circle-I, Thiruvalla |
| Court | HIGH COURT OF KERALA AT ERNAKULAM |
| Relevant Act | Income-tax |
| Date of Order | 07/04/2015 |
| Assessment Year | 2005-06 |
| Judgment | View Judgment |
| Keyword Tags | stay of recovery |
| Bot Summary: | RESPONDENT(S)' EXHIBITS: NIL //TRUE COPY// P.S.TO JUDGE Msv/ K. VINOD CHANDRAN, J. W.P.(C) No.11394 of 2015 - Y Dated this the 7th day of April, 2015 JUDGMENT The petitioner is aggrieved with the issuance of recovery proceedings after the appeal itself was heard finally and reserved for orders. I have heard the learned Standing Counsel for the Government of India also. The appeal is said to be finally heard and reserved for orders. The recovery shall be stayed till orders are passed in the appeal. If any further hearing is required, then the appellate authority has to consider the stay application first. In any event, the recovery proceedings will be kept in abeyance till an order is passed either in the stay application or in the appeal on merits, whichever is earlier. Needless to say a hearing on W.P.(C) No.11394 of 2015 - Y 2 the stay application shall only be conducted with proper notice to the assessee. |