Kizhakkambalam Service Co-Op. Bank Ltd. v. The Income-tax Officer, Ward-2, Cochin/The Commissioner of Income-tax (Appeals), Kochi
[Citation -2020-LL-0313-80]
| Citation | 2020-LL-0313-80 |
|---|---|
| Appellant Name | Kizhakkambalam Service Co-Op. Bank Ltd. |
| Respondent Name | The Income-tax Officer, Ward-2, Cochin/The Commissioner of Income-tax (Appeals), Kochi |
| Court | HIGH COURT OF KERALA AT ERNAKULAM |
| Relevant Act | Income-tax |
| Date of Order | 13/03/2020 |
| Assessment Year | 2017-18 |
| Judgment | View Judgment |
| Keyword Tags | stay petition • recovery proceeding |
| Bot Summary: | No.7739 OF 2020 2 JUDGMENT Dated this the 13th day of March 2020 The petitioner, a Primary Agricultural Credit Society, has filed Exhibit P2-appeal, aggrieved by Exhibit P1-assessment order for the year 2017-18. Along with Exhibit P2-appeal the petitioner has also preferred Exhibit P3-stay petition. The limited prayer in this writ petition is for an expeditious consideration of either Exhibit P2-appeal or Exhibit P3-stay petition and to defer the recovery proceedings on the basis of the assessment order till such consideration. Heard the learned Standing Counsel for the Income Tax Department also. Considering the limited relief sought, I am inclined to dispose of the writ petition directing the 2nd respondent to consider Exhibit P3-stay petition and to pass orders thereon WP(C). No.7739 OF 2020 3 within a period of three months from the date of receipt of copy of this judgment. Till a decision is taken on Exhibit P3- stay petition, all further proceedings based on Exhibit P1-assessment order shall be kept in abeyance. |