The Kanhikulam Service Co-Operative Bank Ltd. v. The Income-tax Officer, Ward-1 And TPS, Palakkad / The Commissioner of Income-tax (Appeals), Thrissur
[Citation -2020-LL-0207-37]
| Citation | 2020-LL-0207-37 |
|---|---|
| Appellant Name | The Kanhikulam Service Co-Operative Bank Ltd. |
| Respondent Name | The Income-tax Officer, Ward-1 And TPS, Palakkad / The Commissioner of Income-tax (Appeals), Thrissur |
| Court | HIGH COURT OF KERALA AT ERNAKULAM |
| Relevant Act | Income-tax |
| Date of Order | 07/02/2020 |
| Assessment Year | 2017-18 |
| Judgment | View Judgment |
| Keyword Tags | disposal of appeals • co-operative bank • collection of tax • statutory appeal • stay of recovery • stay petition |
| Bot Summary: | Harisankar V.Menon, the learned counsel for the petitioner and Sri.Navaneeth N. Nath holding for Sri. Jose Joseph, the learned Standing Counsel for respondents. Petitioner refers to and relies on judgment dated 01.07.2019 in W.A No.1529 of 2019 and connected cases to contend that the Division Bench directed disposal of appeals and granted stay of recovery during the pendency of the appeals. 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/ 2 nd respondent to consider and dispose of the statutory appeal filed by the petitioner herein at 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 WP(C). No.3343 OF 2020(P) 3 collection of tax assessed, pending disposal of such appeal. |