Indian Bank v. The Commissioner Of Income Tax & Ors

IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION WRIT PETITION NO.556 OF 2008 WRIT PETITION NO.556 OF 2008 WRIT PETITION NO.556 OF 2008 Indian Bank .. Petitioner Vs. The Commissioner of Income Tax & Ors. .. Respondents Ms.Rathina Maravarman for the Petitioner. Mr.K.R.Chaudhari with Mr.S.D.Bhosale for Res.Nos.2 & 3. Mr.R.G.Bhatt with Mr.P.S.Sahadevan for Res.No.1. CORAM :- DR.S.RADHAKRISHNAN &J.P.DEVADHAR, JJ. CORAM :- DR.S.RADHAKRISHNAN & J.P.DEVADHAR, JJ. DATE : 15th April, 2008 DATE : 15th April, 2008 DATE : 15th April, 2008 P.C. P.C. P.C. 1. Heard the learned Counsel for the parties. After hearing the learned Counsel for the parties, we find that the Petitioner had already filed objection with regard to the notice issued by Respondent No.1 under Section 226(3) of the Income Tax Act by way of an affidavit. Under the aforesaid facts and circumstances, we direct the Tax Recovery Officer 18(2) to pass an appropriate order after affording an opportunity of personal hearing to the Petitioner within a period of three weeks from today. 2. Needless to state that the parties shall maintain status-quo as of today. 3. Writ petition stands disposed of. (J.P.DEVADHAR, J.) (DR.S.RADHAKRISHNAN,J.) (J.P.DEVADHAR, J.) (DR.S.RADHAKRISHNAN,J.)