2019 (9) TMI 1240

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....H COURT - TMI<br>KERALA HIGH COURT - HC (Judgement / Order / Decisions)<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 th....

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....eal against the assessment order before the 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....

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....tax liability confirmed against the petitioner 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 ....