Wp(C)/15710/2015 Of South Malabar Gramin Bank v. The Assistant Commissioner Of Income Tax

IN THE HIGH COURT OF KERALA AT ERNAKULAM PRESENT: THE HONOURABLE MR. JUSTICE A.MUHAMED MUSTAQUE THURSDAY, THE 28TH DAY OF MAY 2015/7TH JYAISHTA, 1937 WP(C).No. 15710 of 2015 (K) ------------------------------------------ PETITIONER(S) : ------------------------- SOUTH MALABAR GRAMIN BANK, POST BOX NO.10, SMGB TOWER, A.K.ROAD, MALAPPURAM- 676 505, REPRESENTED BY ITS GENERAL MANAGER. BY ADVS.SRI.MOHAN PULICKKAL SRI.R.SUDHIR SRI.P.P.NARAYANAN RESPONDENT(S) : ---------------------------- 1. THE ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE 2(2), TIRUR - 676 101. CIRCLE 2(2), TIRUR - 676 101. 2. THE COMMISSIONER OF INCOME TAX, AAYAKAR BHAVAN, NORTH BLOCK, KOZHIKODE - 673 001. NORTH BLOCK, KOZHIKODE - 673 001. 3. THE COMMISSIONER OF INCOME TAX (APPEALS), AAYAKAR BHAVAN, MANANCHIRA, KOZHIKODE -673 001. BY ADV. SRI.K.M.V.PANDALAI, S.C, INCOME TAX DEPARTMENT THIS WRIT PETITION (CIVIL) HAVING COME UP FOR ADMISSION ON 28-05-2015, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING: Msd. WP(C).No. 15710 of 2015 (K) ------------------------------------------ APPENDIX PETITIONER(S)' EXHIBITS ------------------------------------- EXT.P1:TRUE COPY OF THE ASSESSMENT ORDER DATED 26.03.2014 FOR ASSESSMENT YEAR 2008-09.ASSESSMENT YEAR 2008-09. EXT.P2: TRUE COPY OF THE ASSESSMENT ORDER DATED 14.03.2014 FOR ASSESSMENT YEAR 2011-12.ASSESSMENT YEAR 2011-12. EXT.P3: TRUE COPY OF INCOME TAX APPEAL BEFORE CIT (APPEALS) FORASSESSMENT YEAR 2008-09.ASSESSMENT YEAR 2008-09. EXT.P4: TRUE COPY OF INCOME TAX APPEAL BEFORE CIT (APPEALS) FORASSESSMENT YEAR 2011-12.ASSESSMENT YEAR 2011-12. EXT.P5: TRUE COPY OF PETITION FOR STAY DATED 05.05.2015 FOR ASSESSMENT YEAR 2008-09.ASSESSMENT YEAR 2008-09. EXT.P6: TRUE COPY OF PETITION FOR STAY DATED 05.05.2015 FOR ASSESSMENT YEAR 2011-12.ASSESSMENT YEAR 2011-12. RESPONDENT(S)' EXHIBITS ----------------------------------------- NIL //TRUE COPY// Msd. P.A.TO JUDGE. A.MUHAMED MUSTAQUE, J. ------------------------------------ W.P.(C) No.15710 of 2015 ----------------------------------- Dated this the 28[th] day of May, 2015 J U D G M E N T The petitioner has filed this writ petition challenging Exts.P1and P2 assessment orders for the year 2008-09 and 2011-12respectively passed by the 1[st] respondent. The petitioner haspreferred Exts.P3 and P4 appeals and Exts.P5 and P6 stay petitionsagainst the said orders. 2. Heard the learned counsel for the petitioner as well as thelearned Government Pleader for the respondents. 3. Considering the facts and circumstances of the case, thiswrit petition is disposed of directing the 3[rd] respondent to considerthe stay petitions, after issuing notice to the petitioner, within aperiod of three months from the date of receipt of a copy of thisjudgment. Till a final decision is taken as directed above, all thecoercive proceedings pursuant to the assessment orders shall bekept in abeyance. Sd/- A.MUHAMED MUSTAQUE, JUDGE.