The Valluvally Service Co-Operative Bank Limited v. The Income-tax Officer, Ward-3, Aluva / The Commissioner of Income-tax (Appeals), Ernakulam / The Income-tax Appellate Tribunal, Ernakulam
[Citation -2020-LL-0318-39]
| Citation | 2020-LL-0318-39 |
|---|---|
| Appellant Name | The Valluvally Service Co-Operative Bank Limited |
| Respondent Name | The Income-tax Officer, Ward-3, Aluva / The Commissioner of Income-tax (Appeals), Ernakulam / The Income-tax Appellate Tribunal, Ernakulam |
| Court | HIGH COURT OF KERALA AT ERNAKULAM |
| Relevant Act | Income-tax |
| Date of Order | 18/03/2020 |
| Assessment Year | 2011-12 |
| Judgment | View Judgment |
| Keyword Tags | stay petition • recovery proceeding |
| Bot Summary: | SRI.CHRISTOPHER ABRAHAM, SC THIS WRIT PETITION HAVING COME UP FOR ADMISSION ON 18.03.2020, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING: W.P.(C) No.8573/2020 2 JUDGMENT The petitioner has approached this Court seeking a direction to consider and dispose of Ext.P3 appeal and Ext.P4 stay petition preferred before the third respondent/Income Tax Appellate Tribunal against Ext.P1 assessment order. Having heard the learned counsel on both sides, this writ petition is disposed of with a direction to the third respondent to take a decision on Ext.P3 appeal, in accordance with law, after affording an opportunity of hearing to the petitioner, within a period of three months from the date of receipt of a copy of this judgment without insisting on payment of 20 of the tax demanded, as per circular of 2017. Till such time a decision is taken on the appeal, recovery proceedings pursuant to the assessment order shall be kept in abeyance. |