The Pattambi Service Co-Operative Bank Ltd. v. The ITO, Ward-3, Palakkad / The CIT (Appeals), Thrissur / The ITAT, Kochi
[Citation -2020-LL-0302-37]
| Citation | 2020-LL-0302-37 |
|---|---|
| Appellant Name | The Pattambi Service Co-Operative Bank Ltd. |
| Respondent Name | The ITO, Ward-3, Palakkad / The CIT (Appeals), Thrissur / The ITAT, Kochi |
| Court | HIGH COURT OF KERALA AT ERNAKULAM |
| Relevant Act | Income-tax |
| Date of Order | 02/03/2020 |
| Assessment Year | 2010-11 |
| Judgment | View Judgment |
| Keyword Tags | attachment proceedings • stay petition |
| Bot Summary: | No.5473 OF 2020(H) 2 JUDGMENT The grievance of the petitioner in the instant case is that against the order of assessment, Ext.P1 and appellate order Ext.P2, preferred a second appeal, Ext.P3 before the 3rd respondent ie. The Income Tax Appellate Tribunal along with the interim application, Ext.P4 dated 7 th February 2020, till such time, the contemplated coercive measures against the petitioner may be kept in abeyance. Counsel for the Revenue submits that the writ petition would not lay as the remedy for the petitioner is to press the pending stay application before the ITAT. Having heard the learned counsel for the parties and apprised the paper book, I am of the view that the pleadings are bereft of any steps for taking of possession by making mention or otherwise before the ITAT. Be that as it may, considering the fact that no steps of demand or attachment proceedings under 281 of the Income Tax Act have been initiated, I dispose of the writ petition with a WP(C). No.5473 OF 2020(H) 3 direction to 3rd respondent to consider and pass appropriate orders on the application of stay in accordance with law, as expeditiously as possible within a period of 15 days from the date of receipt of a certified copy of this judgment. |