Wp(C)/9707/2015 Of Koodaranhi Service Co-Op. Bank Ltd v. Income Tax Officer, Kozhikode

IN THE HIGH COURT OF KERALA AT ERNAKULAM PRESENT: THE HONOURABLE MR. JUSTICE A.MUHAMED MUSTAQUE TUESDAY, THE 26TH DAY OF MAY 2015/5TH JYAISHTA, 1937 WP(C).No. 9707 of 2015 (K) --------------------------- PETITIONER(S): -------------- KOODARANHI SERVICE CO-OP. BANK LTD., NO.L.L.74, KOODARANHI P.O., KOZHIKODE - 673 604, REPRESENTED BY ITS SECRETARY BY ADVS.SRI.P.S.SREEDHARAN PILLAI SRI.T.K.SANDEEP SRI.ARJUN SREEDHAR SRI.ARUN KRISHNA DHAN SRI.JOSEPH GEORGE(MULLAKKARIYIL). RESPONDENT(S):------------- 1. THE INCOME TAX OFFICER, WARD NO.2(3), AAYANKAR BHAVAN, MANACHIRA,KOZHIKODE - 673 001. 2. THE COMMISSIONER OF INCOME TAX (APPEAL),KOZHIKODE - 673 001. BY SRI.K.M.V.PANDALAI, SC, INCOME TAX DEPARTMENT. THIS WRIT PETITION (CIVIL) HAVING COME UP FOR ADMISSION ON 26-05-2015, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING: PETITIONER(S)' EXHIBITS : APPENDIX EXT. P1- A TRUE COPY OF THE ORDER DATED 28.2.2014.EXT. P2- A TRUE COPY OF THE APPEAL DATED 3.4.14 FILED BEFORE THE2ND RESPONDENT.EXT. P2- A TRUE COPY OF THE APPEAL DATED 3.4.14 FILED BEFORE THE2ND RESPONDENT.EXT. P3- A TRUE COPY OF THE ORDER DATED 1.8.2014 ISSUED BY THE 1STRESPONDENT.RESPONDENT.EXT. P4- A TRUE COPY OF THE LETTER DATED 9.8.2014 SUBMITTED TO THE1ST RESPONDENT.1ST RESPONDENT.EXT. P5- A TRUE COPY OF THE ORDER DATED 16/12/2014 ISSUED BY 1STRESPONDENT.RESPONDENT.EXT. P6- A TRUE COPY OF THE COMPUTERISED RECEIPT ISSUED BY STATEBANK OF INDIA DATED NIL.BANK OF INDIA DATED NIL.EXT. P7- A TRUE COPY OF THE DEMAND NOTICE DATED 30.10.2014 FOR AY2009-10 ISSUED BY 1ST RESPONDENT.2009-10 ISSUED BY 1ST RESPONDENT.EXT. P8- A TRUE OCPY OF THE DEMAND NOTICE DATED 29.10.2014 FOR AY2012-13 ISSUED BY 1ST RESPONDENT.2012-13 ISSUED BY 1ST RESPONDENT.EXT. P9- A TRUE COY OF THE COVERING LETTER DATED 9.12.2014 INRESPECT OF ASSESSMENT ORDER FOR AY 2009-10 SUBMITTED INAPPEAL BY THE PETITIONER.RESPECT OF ASSESSMENT ORDER FOR AY 2009-10 SUBMITTED INAPPEAL BY THE PETITIONER.EXT. P10- A TRUE COPY OF THE COVERING LETTER DATED 9.12.2014 INRESPECT OF ASSESSMENT ORDER FOR AY 2012-13 SUBMITTED INAPPEAL BY THE PETITIONER.RESPECT OF ASSESSMENT ORDER FOR AY 2012-13 SUBMITTED INAPPEAL BY THE PETITIONER.EXT. P11- A TRUE COPY OF THE NOTICE DATED 6.3.2015 IN RESPECT OFASSESSMENT ORDER FOR AY 2009-10.ASSESSMENT ORDER FOR AY 2009-10. EXT. P12- A TRUE COY OF THE NOTICE DATED 6.3.2015 IN RESPECT OFASSESSMENT ORDER FOR AY 2012-13.ASSESSMENT ORDER FOR AY 2012-13.EXT. P13-A TRUE COPY OF THE STAY PETITION FILED BY PETITIONERALONG WITH EXT.P2 APPEAL.ALONG WITH EXT.P2 APPEAL. EXT. P14- A TRUE COPY OF THE APPEAL MEMORANDUM (IN CONNECTION WITHAY 2009-10) DATED 02/12/2014 ALONG WITH STAY PETITIONFILED BEFORE THE 2ND RESPONDENT.AY 2009-10) DATED 02/12/2014 ALONG WITH STAY PETITIONFILED BEFORE THE 2ND RESPONDENT. EXT. P15- A TRUE COPY OF THE APPEAL MEMORANDUM (IN CONNECTION WITHAY 2012-13) DATED 03/12/2014 ALONG WITH STAY PETITIONFILED BEFORE THE 2ND RESPONDENT.AY 2012-13) DATED 03/12/2014 ALONG WITH STAY PETITIONFILED BEFORE THE 2ND RESPONDENT. RESPONDENT(S)' EXHIBITS : NIL. /TRUE COPY/ RVS. P.A.TO JUDGE A.MUHAMED MUSTAQUE, J. -------------------------------------------- W.P.(C).No. 9709 of 2015 ---------------------------------------------------- Dated this the 26[th] day of May,2015 J U D G M E N T ------------------------- The petitioner, as against Ext.P1 Assessment order forthe year 2008-2009, 2009-2010 and 2012-13 filed appealbefore the 2[nd] respondent. The petitioner also filed anapplication for stay against the recovery proceedings ofAssessment order. The petitioner approached this Court onaccount of the recovery proceedings pursuant toAssessment Order. RESPONDENT(S)' EXHIBITS : NIL. /TRUE COPY/ RVS. P.A.TO JUDGE A.MUHAMED MUSTAQUE, J. -------------------------------------------- W.P.(C).No. 9709 of 2015 ---------------------------------------------------- Dated this the 26[th] day of May,2015 J U D G M E N T ------------------------- The petitioner, as against Ext.P1 Assessment order forthe year 2008-2009, 2009-2010 and 2012-13 filed appealbefore the 2[nd] respondent. The petitioner also filed anapplication for stay against the recovery proceedings ofAssessment order. The petitioner approached this Court onaccount of the recovery proceedings pursuant toAssessment Order. 2.In view of the above, there shall be a direction tothe 2[nd] respondent to consider the stay petition within aperiod of two months after issuing notice to the petitioner.Till the disposal of stay application, all recoveryproceedings based on Assessment Order shall be keptabeyance. The petitioner shall produce the copy of the W.P.(C).No.9707 of 2015 judgment along with the writ petition before the 2[nd] respondent for compliance The writ petition is disposed of as above. Sd/ A.MUHAMED MUSTAQUE, JUDGE jm/