The Mannarkkad Rural Service Co-Opoerative Bank Ltd. v. The Income-tax Officer Ward 4, Palakkad/The Commissioner of Income-tax (Appeals), Thrissur/ The Palakkad District Co-Operative Bank Ltd
[Citation -2019-LL-0819-22]
Citation | 2019-LL-0819-22 |
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Appellant Name | The Mannarkkad Rural Service Co-Opoerative Bank Ltd. |
Respondent Name | The Income-tax Officer Ward 4, Palakkad/The Commissioner of Income-tax (Appeals), Thrissur/ The Palakkad District Co-Operative Bank Ltd. |
Court | HIGH COURT OF KERALA AT ERNAKULAM |
Relevant Act | Income-tax |
Date of Order | 19/08/2019 |
Judgment | View Judgment |
Keyword Tags | collection of tax • stay of recovery • stay petition |
Bot Summary: | Harisankar V.Menon, the learned counsel for the petitioner and Sri. Jose Joseph, the learned Standing Counsel for respondents. Petitioner refers to and relies on Ext.P5 judgment in W.A No.1536 of 2019 and connected cases dated 01.07.2019 to contend that the Division Bench directed disposal of appeal and also stay of recovery proceedings during the pendency of the appeal. The learned Standing Counsel admits that the facts of the case are substantially same and similar to the facts noted by the Division Bench in Ext.P5, hence can be followed. The writ petition is disposed of directing the Commissioner of Income Tax/ 2nd respondent to consider and dispose of the subject statutory appeal filed by the petitioner herein at -3- WP(C) NO.22496 OF 2019 the earliest taking note of the Full Bench decision reported in The Mavilayi Service Co-operative Bank Ltd, v. The Commissioner of Income Tax, Calicut 2019 KHC 287 and to keep in abeyance recovery proceedings and collection of tax assessed, pending disposal of such appeal. |