Wp(C)/7091/2020 Of The Thodupuzha Service Cooperative Bank Limited v. Commissioner Of Income-Tax (Appeals)

IN THE HIGH COURT OF KERALA AT ERNAKULAM PRESENT THE HONOURABLE MR. JUSTICE AMIT RAWAL MONDAY, THE 09TH DAY OF MARCH 2020 / 19TH PHALGUNA, 1941 WP(C).No.7091 OF 2020(J) PETITIONER: THE THODUPUZHA SERVICE COOPERATIVE BANK LIMITEDNO.969, THODUPUZHA P.O., IDUKKI DISTRICT, PIN-685 584, REPRESENTED BY ITS MANAGING DIRECTOR SOMAN.T.R. BY ADVS.SRI.A.KUMARSRI.P.J.ANILKUMARSMTG.MINI(1748)SRI.P.S.SREE PRASADSHRI.JOB ABRAHAM SRI.AJAY V.ANAND RESPONDENTS: 1COMMISSIONER OF INCOME-TAX (APPEALS)ERNAKULAM, POORNIMA BUILDINGS, PANAMPILLY NAGAR,KOCHI-682 036.2INCOME TAX OFFICER,NON-CORPORATE WARD 2 AND TPS THODUPUZHA,MAHIMA TOWERS, TEMPLE ROAD, THODUPUZHA-685 584. OTHER PRESENT: SRI CHRISTOPHER ABRAHAM SC THIS WRIT PETITION (CIVIL) HAVING COME UP FOR ADMISSION ON09.03.2020, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING: J U D G M E N T Petitioner has approached this Court seeking adirection to dispose of Exts.P2, P2 (a), P2 (b), P2 (c),P2 (d), & P2 (e) appeals preferred before the 1[st]respondent/Commissioner of Income Tax (Appeals)against the assessment orders Exts.P1, P1 (a), P1 (b),P1 (c), P1 (d), & P1 (e). 2.Having heard the learned counsel on bothsides, the writ petition is disposed of with a direction tothe 1[st] respondent to take decision on Exts.P2, P2 (a), P2(b), P2 (c), P2 (d), & P2 (e) appeals in accordance withlaw, after affording an opportunity of hearing to thepetitioner, within a period of three months from the dateof receipt of a copy of this judgment without insisting onpayment of 20% of the tax demanded, as per circular of2017. Till such time decision is taken on the appeals,recovery proceedings pursuant to the assessment ordersshall be kept in abeyance. (Sd/-)AMIT RAWALJUDGE PETITIONER'S/S EXHIBITS: EXHIBIT P1TRUE COPY OF THE ASSESSMENT ORDER FOR AY 2010-11 DATED 27.12.2016.2010-11 DATED 27.12.2016. EXHIBIT P1 ATRUE COPY OF THE ASSESSMENT ORDER FOR AY 2011-12 DATED 27.12.2016.2011-12 DATED 27.12.2016. EXHIBIT P1 BTRUE COPY OF THE ASSESSMENT ORDER FOR AY 2012-13 DATED 28.03.2015 AND ORDER UNDER SECTION 154 DATED 09.06.2015.2012-13 DATED 28.03.2015 AND ORDER UNDER SECTION 154 DATED 09.06.2015. EXHIBIT P1CTRUE COPY OF THE ASSESSMENT ORDER FOR AY 2013-14 DATED 19.03.2016.2013-14 DATED 19.03.2016. EXHIBIT P1 DTRUE COPY OF THE ASSESSMENT ORDER FOR AY 2014-15 DATED 22.12.2016.2014-15 DATED 22.12.2016. EXHIBIT P1 ETRUE COPY OF THE ASSESSMENT ORDER FOR AY 2017-18 DATED 20.12.2019.2017-18 DATED 20.12.2019. EXHIBIT P2TRUE COPY OF APPEAL FILED IN FORM 35 FOR AY2010-11 DATED 25.01.2017.2010-11 DATED 25.01.2017. EXHIBIT P2 ATRUE COPY OF APPEAL FILED IN FORM 35 FOR AY2011-12 DATED 25.01.2017.2011-12 DATED 25.01.2017. EXHIBIT P2 BTRUE COPY OF APPEAL FILED IN FORM 35 FOR AY2012-13 DATED 14.07.2017.2012-13 DATED 14.07.2017. EXHIBIT P2 CTRUE COPY OF APPEAL FILED IN FORM 35 FOR AY2013-14 DATED 25.04.2016.2013-14 DATED 25.04.2016. EXHIBIT P2 DTRUE COPY OF APPEAL FILED IN FORM 35 FOR AY2014-15 DATED 25.01.2017.2014-15 DATED 25.01.2017. EXHIBIT P2 ETRUE COPY OF APPEAL FILED IN FORM 35 FOR AY2017-18 DATED 23.01.2020.2017-18 DATED 23.01.2020. EXHIBIT P3TRUE COPY OF STAY APPLICATION FOR AY 2010-11 DATED 20.02.2020.11 DATED 20.02.2020. EXHIBIT P3 ATRUE COPY OF STAY APPLICATION FOR AY 2011-12 DATED 20.02.2020.12 DATED 20.02.2020. EXHIBIT P3 BTRUE COPY OF STAY APPLICATION FOR AY 2012-13 DATED 27.02.2020.13 DATED 27.02.2020. EXHIBIT P3 CTRUE COPY OF STAY APPLICATION FOR AY 2013-14 DATED 20.02.2020.14 DATED 20.02.2020. // True Copy // PA to Judge