Varapuzha Service Co-Operative Bank Ltd. v. The Income-tax Officer, Ward-3, Aluva / The Commissioner of Income-tax (Appeals), Kochi / The Assistant Registrar Income-tax Appellate Tribunal, Cochin
[Citation -2020-LL-0318-37]
| Citation | 2020-LL-0318-37 |
|---|---|
| Appellant Name | Varapuzha Service Co-Operative Bank Ltd. |
| Respondent Name | The Income-tax Officer, Ward-3, Aluva / The Commissioner of Income-tax (Appeals), Kochi / The Assistant Registrar Income-tax Appellate Tribunal, Cochin |
| Court | HIGH COURT OF KERALA AT ERNAKULAM |
| Relevant Act | Income-tax |
| Date of Order | 18/03/2020 |
| Assessment Year | 2013-14 |
| Judgment | View Judgment |
| Keyword Tags | stay petition • demand notice • interim stay |
| Bot Summary: | The second respondent vide Ext.P2 order dated 10.12.2019 dismissed the appeal. Against the aforementioned order, the petitioner preferred Ext.P3 Second Appeal dated 19.2.2020 and interim stay application dated 14.3.2020 before the third respondent. In the meantime, the assessing authority is contemplating to initiate coercive measures and the purpose of filing of the appeal only remained as a communication in the absence of consideration of the interim application. The learned counsel appearing on behalf of the Income Tax Authority, submits that the appeals are taking serial wise. There will not be any impediment W.P.(C) No.8546/2020 3 for the Tribunal to take the interim application in case an appropriate direction is issued fixing the timelines. Having heard the learned counsel for the parties and appraised the paper book, without expressing any opinion on the merits of the matter, I dispose of the Writ Petition with a direction to the third respondent to take necessary steps in considering the stay application within a period of two months from the date of receipt of a certified copy of this judgment and take a decision thereon accordance with law after affording an opportunity of hearing. It is made clear that the interim stay is till the disposal of the stay application. |