Nedumpana Service Co-Operative Bank Ltd. v. Income-tax Officer, Ward 5, Kollam/Commissioner of Income-tax (Appeals), Thiruvananthapuram
[Citation -2020-LL-0225-36]
| Citation | 2020-LL-0225-36 |
|---|---|
| Appellant Name | Nedumpana Service Co-Operative Bank Ltd. |
| Respondent Name | Income-tax Officer, Ward 5, Kollam/Commissioner of Income-tax (Appeals), Thiruvananthapuram |
| Court | HIGH COURT OF KERALA AT ERNAKULAM |
| Relevant Act | Income-tax |
| Date of Order | 25/02/2020 |
| Judgment | View Judgment |
| Keyword Tags | application for stay • collection of tax • statutory appeal • stay of recovery • demand notice • stay petition |
| Bot Summary: | P. Sathisan, the learned counsel for the petitioner and Sri. Christopher Abraham, the learned Standing Counsel for respondents. Petitioner refers to and relies on judgment dated 01.07.2019 in W.A No.1536 of 2019 and connected cases to contend that the Division Bench directed disposal of appeal and granted 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 W.A. No.1536 of 2019, hence can be followed. The writ petition is disposed of directing the Commissioner of Income Tax/ 2nd respondent to WP(C). No.5363 OF 2020(U) 3 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 collection of tax assessed, pending disposal of such appeal. |