Wp(C)/14522/2014 Of Perinthalmanna Service Co-Operative Bank v. The Income Tax Officer

IN THE HIGH COURT OF KERALA AT ERNAKULAM PRESENT: THE HONOURABLE MR.JUSTICE K.VINOD CHANDRAN TUESDAY, THE 10TH DAY OF JUNE 2014/20TH JYAISHTA, 1936 WP(C).No. 14522 of 2014 (M) ---------------------------- PETITIONER(S): -------------- PERINTHALMANNA SERVICE CO-OPERATIVE BANK LTD., HOSPITAL ROAD, PERINTHALMANNA, MALAPPURAM DISTRICT- 679322, REPRESENTED BY ITS CHIEF EXECUTIVE. BY ADVS.SRI.K.ANAND (SR.) SMT.LATHA KRISHNAN. RESPONDENT(S): ------------- 1. THE INCOME TAX OFFICER, WARD NO2,OFFICE OF THE ASST COMMISSIONER OF INCOME TAX,TARIFF BAZAR, TOWN HALL ROAD, TIRUR -676 101. 2. THE COMMISSIONER OF INCOME TAX (APPEALS), KOZHIKODE. BY SRI.JOSE JOSEPH, SC, FOR INCOME TAX. THIS WRIT PETITION (CIVIL) HAVING COME UP FOR ADMISSION ON 10-06-2014, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING: APPENDIX PETITIONER(S)' EXHIBITS : ------------------------ EXHIBIT P1: TRUE COPY OF THE ASSESSMENT ORDER. EXHIBIT P2: TRUE COPY OF THE APPEAL MAMORANDUM FILED BY THE PETITIONER EXHIBIT P3: TRUE COPY OF THE INTERIM APPLICATION FOR STAY. EXHIBIT P4: TRUE COPY OF THE PROCEEDINGS DATED 19-03-2014. RESPONDENT(S)' EXHIBITS ------------------------- NIL. /true copy/ P.A.TO JUDGE rvs/ K.VINOD CHANDRAN, J - - - - - - - - - - - - - - - - - - - - W.P.(C).No. 14522 of 2014 - - - - - - - - - - - - - - - - Dated 10[th] June, 2014 - - - - - - - - - - - - - - - - - - - - - - - - JUDGMENT Ext.P1 is the assessment order passedagainst the petitioner for the year 2011-12against which petitioner filed Ext.P2 appeal and Ext.P3 stay petition. During thependency of appeal and stay petition beforethe 2[nd]respondent, revenue recovery proceedings have been initiated against thepetitioner by Ext.P4. It is in this context,the writ petition is filed. 2. In the above circumstances, it isdirected that the 2[nd]respondent shallconsider Ext.P3 stay petition within aperiod of one month from today and in themeanwhile, further proceedings pursuant toExt.P4 shall be kept in abeyance until WP(C).14522/14 such orders are passed, which orders shall determine the matter thereafter. Writ petition disposed of. Sd/ K.VINOD CHANDRAN, Judge Mrcs //True Copy//