Ayyanthole Panchayat Service Co Operative Bank Ltd. v. The Commissioner of Income-tax (Appeals), Thrissur / The Income-tax Officer Ward 2(5), Thrissur
[Citation -2020-LL-0602-16]

Citation 2020-LL-0602-16
Appellant Name Ayyanthole Panchayat Service Co Operative Bank Ltd.
Respondent Name The Commissioner of Income-tax (Appeals), Thrissur / The Income-tax Officer Ward 2(5), Thrissur
Court HIGH COURT OF KERALA AT ERNAKULAM
Relevant Act Income-tax
Date of Order 02/06/2020
Assessment Year 2017-18
Judgment View Judgment
Keyword Tags demand notice • stay petition


IN HIGH COURT OF KERALA AT ERNAKULAM PRESENT HONOURABLE MR. JUSTICE AMIT RAWAL TUESDAY, 02ND DAY OF JUNE 2020 / 12TH JYAISHTA, 1942 WP(C).No.10755 OF 2020(T) PETITIONER/S: AYYANTHOLE PANCHAYAT SERVICE CO OPERATIVE BANK LTD.NO.471 AYYANTHOLE, KARIATTUKARA, ELTHURUTH P.O., THRISSUR- 680611, REPRESENTED BY ITS SECRETARY. BY ADV. SRI.P.C.SASIDHARAN RESPONDENT/S: 1 COMMISSIONER OF INCOME TAX (APPEALS) AAYAKAR BHAVAN, S.T.NAGAR, THRISSUR-680001. 2 INCOME TAX OFFICER WARD 2(5), THRISSUR, OFFICE OF INCOME TAX OFFICER, SHAKTHANTHAMPURAN NAGAR, THRISSUR-680001. OTHER PRESENT: SRI JOSE JOSEPH SC THIS WRIT PETITION (CIVIL) HAVING COME UP FOR ADMISSION ON 02.06.2020, COURT ON SAME DAY DELIVERED FOLLOWING: WP(C).No.10755 OF 2020(T) 2 JUDGMENT Dated this 2nd day of June 2020 Petitioner has approached this Court seeking direction to dispose of Ext.P3 appeal preferred before first respondent/Commissioner of Income Tax (Appeals) against assessment order Ext.P1. 2. Having heard learned counsel on both sides, writ petition is disposed of with direction to first respondent to take decision on Ext.P3 appeal in accordance with law, after affording opportunity of hearing to petitioner, within period of three months from date of receipt of copy of this judgment without insisting on payment of 20% of tax demanded, as per circular of 2017. Till such time decision is taken on appeal, recovery proceedings pursuant to assessment order shall be kept in abeyance. Sd/- AMIT RAWAL sab JUDGE WP(C).No.10755 OF 2020(T) 3 APPENDIX PETITIONER'S/S EXHIBITS: EXHIBIT P1 TRUE COPY OF RELEVANT EXTRACT OF ASSESSMENT ORDER DATED 24.12.2019 WITH COMPUTATION STATEMENT FOR YEAR 2017- 2018. EXHIBIT P2 TRUE COPY OF DEMAND NOTICE DATED 24.12.2019. EXHIBIT P3 TRUE COPY OF APPEAL DATED 22.1.2020. EXHIBIT P4 TRUE COPY OF STAY PETITION DATED 19.3.2020. EXHIBIT P5 TRUE COPY OF JUDGMENT DATED 1.7.2019 IN W.A.NO.1536 OF 2019. Ayyanthole Panchayat Service Co Operative Bank Ltd. v. Commissioner of Income-tax (Appeals), Thrissur / Income-tax Officer Ward 2(5), Thrissur
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