2019 (9) TMI 1240

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....H COURT - TMI<br>KERALA HIGH COURT - HC<br>Dated:- 23-9-2019<br>WP(C).No. 25249 OF 2019 - -<br>Income Tax<br>MR A. K. JAYASANKARAN NAMBIAR, J. For The Petitioner : ADVS. SRI. C. A. JOJO, SRI.JACOB CHACKO, SRI.MATHEWS JOSEPH AND SMT. SWATHY S. For The Respondents : SRI. JOSE JOSEPH; SC JUDGMENT The petitioner is a Co-operative Society registered under the Kerala Co-operative Societies Act and ....

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....he First Appellate Authority (2nd respondent herein), in a stay application preferred by the petitioner before the said authority, a conditional stay was granted subject to the petitioner paying 20% of the tax amount attributable to the additions to income made under Section 68 of the Income Tax Act. Apparently, dissatisfied with the said order of the First Appellate Authority, the petitioner appr....

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....oner in the assessment order. 4. I have heard the learned counsel appearing for the petitioner and also the learned Standing Counsel appearing for the respondent Income Tax Department. 5. On a consideration of the facts and circumstances of the case as also the submissions made across the Bar and taking note of the judgment of this Court in Mavilayi Service Co-operative Bank Limited v. Commiss....