Wp(C)/10273/2015 Of M/S.popular Finance Company v. The Commissioner Of Income Tax

IN THE HIGH COURT OF KERALA AT ERNAKULAM PRESENT: THE HONOURABLE MR.JUSTICE A.K.JAYASANKARAN NAMBIAR MONDAY, THE 30TH DAY OF MARCH 2015/9TH CHAITHRA, 1937 WP(C).No.10273 of 2015 (H) --------------------------------------- PETITIONER: ------------------- M/S.POPULAR FINANCE COMPANY,A REGISTERED PARTNERSHIP FIRM HAVING ITSREGISTERED OFFICE AT POPULAR TOWERS,VAKAYAR P.O., KONNI,PATHANAMTHITTA,PIN-689698,REPRESENTED BY ITSMANAGING PARTNER SRI.THOMAS DANIEL. BY ADVS.SRI.ASWIN GOPAKUMAR SRI.ANWIN GOPAKUMAR SMT.KALA G.NAMBIAR SRI.K.AMAL NATH NAIK SRI.ARJUN RADHAKRISHNAN NAIR SMT.ANUSREE SURESH RESPONDENTS: ------------------------ 1.THE COMMISSIONER OF INCOME TAX,PUBLIC LIBRARY BUILDING,LAL BAHADUR SASTRI ROAD,KOTTAYAM-686001. 2.THE COMMISSIONER OF INCOME TAX (APPEALS),INCOME TAX OFFICE,KERA BHAVAN,SRV HIGH SCHOOL ROAD, KOCHI-682011. 3.THE DEPUTY COMMISSIONER OF INCOME TAX,CIRCLE-1,ENNIKATTIL ESTATE,THIRUVALLA,PATHANAMTHITTA-689101. BY SRI.JOSE JOSEPH,SC FOR INCOME TAX THIS WRIT PETITION (CIVIL) HAVING COME UP FOR ADMISSION ON 30-03-2015, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING: pk W.P(C) NO.10273/2015 APPENDIX PETITIONER'S EXHIBITS: EXT.P1:A TRUE COPY OF THE ASSESSMENT ORDER DATED 28.3.2014 PASSED BY THE DEPUTY COMMISSIONER OF INCOME TAX,KOTTAYAM. EXT.P2:A TRUE COPY OF THE APPEAL AGAINST ASSESSMENT ORDER DATED 25.4.2014 PASSED BY THE DEPUTY COMMISSIONER OF INCOME TAX, KOTTAYAM. EXT.P3:A TRUE COPY OF THE APPLICATION FOR STAY BEFORE THE COMMISSIONER OF INCOME TAX (APPEALS),COCHIN. EXT.P4:A TRUE COPY OF THE DEMAND NOTICE DATED 27.2.2015 BY THE DEPUTY COMMISSIONER OF INCOME TAX,PATHANAMTHITTA. RESPONDENT'S EXHIBITS: NIL //TRUE COPY// P.S. TO JUDGE A.K.JAYASANKARAN NAMBIAR, J. =========================================== W.P.(C). No. 10273 of 2015 =====================================================Dated this the 30[th] day of March, 2015 JUDGMENT The Petitioner is an assessee under the Income Tax Act,1961. Against Ext.P1 assessment order passed under the IT Act,the petitioner preferred Ext.P2 appeal and Ext.P3 stay petitionbefore the 2[nd] respondent. It is the case of the petitioner that evenbefore the consideration of the stay petitions by the 2[nd] respondent,recovery steps have been initiated against him through Ext.P4demand notice, for recovery of the amounts confirmed against thepetitioner by Ext.P1 order. 2.I have heard the learned counsel appearing for thepetitioner as also the learned Government Pleader appearing forthe respondents. 3.On a consideration of the facts and circumstances of thecase and the submissions made across the bar, I dispose the writpetition with a direction to the 2[nd] respondent to consider and passorders on ExtP3 stay petition, preferred by the petitioner beforehim, within a period of two months from the date of receipt of acopy of this judgment, after hearing the petitioner. The recoverysteps for recovery of amounts confirmed against the petitioner by W.P.(C). No. 10273 of 2015 Ext.P1 assessment order, shall be kept in abeyance till such timeas the 2[nd] respondent passes orders, as directed, in Ext.P3 staypetition and communicates the same to the petitioner. Sd/-A.K.JAYASANKARAN NAMBIAR JUDGE das