Karimkunnam Service Co-Operative Bank Ltd. v. The Income-tax Officer, Ward-1 & TPS, Thodupuzha/The Commissioner of Income-tax (Appeals)-II, Kochi - 2020-LL-0313-89

Citation	2020-LL-0313-89
Appellant Name	Karimkunnam Service Co-Operative Bank Ltd.
Respondent Name	The Income-tax Officer, Ward-1 & TPS, Thodupuzha/The Commissioner of Income-tax (Appeals)-II, 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. 7890 of 2020 Dated this the 13th day of March, 2020 JUDGMENT As against Exhibit P1 assessment order for the year 2017-2018, the petitioner, a Primary Agricultural Credit Co-operative Society, has preferred Exhibit P2 appeal along with Exhibit P3 stay petition. The limited prayer in the writ petition is for an expeditious consideration of either the appeal or the stay petition and to defer the recovery proceedings on the basis of the assessment order till orders are passed on Exhibit P2 appeal. Heard the learned Standing Counsel for the Income Tax Department also. Considering the limited relief sought for, the writ petition is disposed of directing the 2nd respondent to consider and pass orders on Exhibit P2 appeal as expeditiously as possible. Till orders are passed on the appeal as directed above, the recovery proceedings based on Exhibit P1 assessment order shall stand deferred.

IN HIGH COURT OF KERALA AT ERNAKULAM PRESENT HONOURABLE MR.JUSTICE V.G.ARUN FRIDAY, 13TH DAY OF MARCH 2020 / 23RD PHALGUNA, 1941 WP(C).No.7890 OF 2020(I) PETITIONER/S: M/S. KARIMKUNNAM SERVICE CO-OPERATIVE BANK LTD. NO.2670, KARIMKUNNAM SCB BUILDING, PALA ROAD, KARIMKUNNAM P.O., THODUPUZHA-685 586 REPRESENTED BY ITS SECRETARY DEENA SEBASTIAN. BY ADV. SRI.S.ARUN RAJ RESPONDENT/S: INCOME TAX OFFICER WARD-1 & TPS, MAHIMA TOWERS, TEMPLE RAOD, THODUPUZHA-685 584. 2. COMMISSIONER OF INCOME TAX (APPEALS)-II, POORNIMA BUILDING, PANAMPILLY NAGAR, KOCHI-682 036. OTHER PRESENT: SC SRI.CHRISTOPHER ABRAHAM THIS WRIT PETITION (CIVIL) HAVING COME UP FOR ADMISSION ON 13.03.2020, COURT ON SAME DAY DELIVERED FOLLOWING: V.G.ARUN, J. W.P(C).No. 7890 of 2020 Dated this 13th day of March, 2020 JUDGMENT As against Exhibit P1 assessment order for year 2017-2018, petitioner, Primary Agricultural Credit Co-operative Society, has preferred Exhibit P2 appeal along with Exhibit P3 stay petition. limited prayer in writ petition is for expeditious consideration of either appeal or stay petition and to defer recovery proceedings on basis of assessment order till orders are passed on Exhibit P2 appeal. 2. Heard learned Standing Counsel for Income Tax Department also. 3. Considering limited relief sought for, writ petition is disposed of directing 2nd respondent to consider and pass orders on Exhibit P2 appeal as expeditiously as possible. Till orders are passed on appeal as directed above, recovery proceedings based on Exhibit P1 assessment order shall stand deferred. Sd/- V.G.ARUN, JUDGE vgs16.3 W.P(C).No. 7890 of 2020 APPENDIX PETITIONER'S EXHIBITS: EXHIBIT P1: COPY OF ASSESSMENT ORDER DATED 17.12.2019 PASSED BY 1ST RESPONDENT UNDER SECTION 143(3) OF ACT FOR AY 2017-18. EXHIBIT P2: COPY OF FIRST APPEAL FILED BY PETITIONER BEFORE 2ND RESPONDENT FOR AY 2017-18. EXHIBIT P3: COPY OF STAY APPLICATION DATED 24.2.2020 FILED BEFORE 2ND RESPONDENT FOR AY 2017-18. Karimkunnam Service Co-Operative Bank Ltd. v. Income-tax Officer, Ward-1 & TPS, Thodupuzha/The Commissioner of Income-tax (Appeals)-II, Kochi

Metadata

Judgment