While Assailing The Assessment Order Before The 3[Rd]Respondent, Petitioner Has Sought To Canvass That Thejudgment Of The Supreme Court In Mavilayi Serviceco-Op v. Commissioner Of Income Tax[2021 (1) Klt 485] Was Not Considered By The Assessingofficer Though The Assessment Order Was Renderedsubsequent To The Supreme Court

IN THE HIGH COURT OF KERALA AT ERNAKULAM PRESENT THE HONOURABLE MR. JUSTICE BECHU KURIAN THOMAS WEDNESDAY, THE 25 DAY OF MAY 2022 / 4TH JYAISHTA, 1944W.P.(C) NO.16545 OF 2022 PETITIONER: KALLAMKUNNU SERVICE CO-OPERATIVE BANK LIMITED, NO.R.314, KALLAMKUNNU P.O., NADAVARAMBA, THRISSUR-680 661, REPRESENTED BY ITS SECRETARY SRI. GANESH C.K BY ADVS.K.S.HARIHARAN NAIRP.F.JOYRAJATH R NATH G.REMADEVI HARIMA HARIHARAN RESPONDENTS: 1INCOME TAX OFFICER, WARD 2(2), AAYAKAR BHAVAN, SAKTHAN THAMPURAN NAGAR, THRISSSUR, PIN-680 001. 2THE ADDITIONAL/JOINT/DEPUTY/ASST. COMMISSIONER OF INCOME TAX/INCOME TAX OFFICER, NATIONAL FACELESS ASSESSMENT CENTRE, DELHI-110 001. 3COMMISSIONER OF INCOME TAX (APPEALS),NATIONAL FACELESS APPEAL CENTRE, DELHI-110 001. SRI. JOSE JOSEPH, STANDING COUNSEL THIS WRIT PETITION (CIVIL) HAVING COME UP FOR ADMISSION ON25.05.2022, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING: W.P.(C) NO.16545 OF 2022 BECHU KURIAN THOMAS, J. ------------------------------------------ W.P.(C) No.16545 of 2022 ------------------------------------------ Dated this the 25[th] day of May, 2022 JUDGMENT Petitioner is a Primary Agricultural Credit Societyregistered under the Kerala Co-operative Societies Act, 1969.Ext.P1 order of assessment was issued against the petitioneron 21.03.2022. In the assessment order, petitioner's claim fordeduction under Section 80P was rejected on the ground thatthere was no evidence to show that petitioner satisfied theingredients of the Primary Agricultural Credit Society ascontemplated under the Kerala Co-operative Societies Act. 2. While assailing the assessment order before the 3[rd]respondent, petitioner has sought to canvass that thejudgment of the Supreme Court in Mavilayi ServiceCo-operative Bank Ltd. v. Commissioner of Income Tax[2021 (1) KLT 485] was not considered by the assessingofficer though the assessment order was renderedsubsequent to the Supreme Court Judgment. 3. Since petitioner has already preferred an appeal as W.P.(C) NO.16545 OF 2022 Ext.P2 and the same is pending consideration before the 3[rd]respondent, I deem it fit that this writ petition be disposed ofdirecting the Appellate Authority to consider the appeal in atime bound manner. Accordingly, there will be a direction to the 3[rd]respondent to dispose of Ext.P2 appeal, as expeditiously aspossible, at any rate, within a period of six months from thedate of receipt of a copy of this judgment, after granting anopportunity of hearing to the petitioner. Till then, all coerciveproceedings against the petitioner pursuant to Ext.P1 shall bekept in abeyance. bpr Sd/- BECHU KURIAN THOMASJUDGE W.P.(C) NO.16545 OF 2022 APPENDIX PETITIONER'S EXHIBITS EXHIBIT P1 COPY OF ASSESSMENT ORDER DATED 21.03.2022ISSUED BY THE 2ND RESPONDENT FOR THE ASSESSMENT YEAR 2013-14. EXHIBIT P2 COPY OF APPEAL MEMORANDUM FILED BY THE PETITIONER BEFORE THE 3RD RESPONDENT DATED 25.04.2022 AGAINST EXT.P1. EXHIBIT P3 COPY OF THE STAY PETITION FILED BY THE PETITIONER BEFORE THE 3RD RESPONDENT DATED 25.04.2022 IN EXT.P2 APPEAL.