IN HIGH COURT OF KERALA AT ERNAKULAM PRESENT HONOURABLE MR. JUSTICE A. MUHAMED MUSTAQUE MONDAY, 24TH DAY OF FEBRUARY 2020 / 5TH PHALGUNA, 1941 WP(C).No.5230 OF 2020(C) PETITIONER: PERINJANAM SERVICE CO-OPERATIVE BANK LTD.NO.720, P.O.PERINJANAM, THRISSUR DISTRICT-680686, REPRESENTED BY ITS SECRETARY BY ADVS. SRI.M.SASINDRAN SRI.I.SREEHARI RESPONDENTS: 1 INCOME TAX OFFICER WARD2(1), AYAKAR BHAVAN, INCOME TAX OFFICE, SHAKTHANTHAMPURAM NAGAR, THRISSUR-680001. 2 COMMISSIONER OF INCOME TAX(APPEALS) 3RD FLOOR, AAYAKAR BHAVAN, THRISSUR-680001. OTHER PRESENT: SRI. CHRISTOPHER ABRAHAM, SC FOR INCOME TAX THIS WRIT PETITION (CIVIL) HAVING COME UP FOR ADMISSION ON 24.02.2020, COURT ON SAME DAY DELIVERED FOLLOWING: W.P.(C) No.5230/2020 2 JUDGMENT Dated this 24th day of February 2020 petitioner, Co-operative Bank, filed Ext.P4 appeal under Income Tax Act before 2nd respondent. petitioner also moved stay application as per Ext.P6. Having considered pendency of appeal and stay application as above, appellate authority is directed to dispose appeal within period of two months. Till then, recovery proceedings shall be kept in abeyance. This writ petition is disposed of as above. Sd/- A.MUHAMED MUSTAQUE JUDGE smp W.P.(C) No.5230/2020 3 APPENDIX PETITIONER'S EXHIBITS: EXHIBIT P1 TRUE COPY OF REGISTRATION CERTIFICATE ISSUED BY JOINT REGISTRAR OF CO- OPERATIVE SOCIETIES DATED 25.03.1983 EXHIBIT P2 TRUE COPY OF CERTIFICATE DATED 19.08.2019 ISSUED BY ASSISTANT REGISTRAR OF CO-OPERATIVE SOCIETIES EXHIBIT P3 TRUE COPY OF ASSESSMENT ORDER FOR YEAR 2017-2018 EXHIBIT P4 TRUE COPY OF APPEAL MEMORANDUM PENDING BEFORE 2ND RESPONDENT EXHIBIT P5 TRUE COPY OF DEMAND NOTICE UNDER SECTION 221(1) OF INCOME TAX ACT EXHIBIT P6 TRUE COPY OF APPLICATION FOR STAY FOR ASSESSMENT YEAR 2017-12018 EXHIBIT P7 TRUE COPY OF JUDGMENT DATED 19.07.2019 IN W.A.NO.1639/2019 RESPONDENTS' EXHIBITS: NIL. True Copy P.S to Judge smp Perinjanam Service Co-Operative Bank Ltd. v. ITO, Ward-2(1), Thrissur / CIT(Appeals), Thrissur