2026 (5) TMI 329

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....P(C)/2231/2026 - -<br>Income Tax<br>HONOURABLE MR. JUSTICE KAUSHIK GOSWAMI Advocate for the Petitioner: Ms. M.L. Gope, Ms S. Sarkar, Mr S.K. Saha, Ms. N. Hawelia. Advocate for the Respondent: SC, CGST, SC, GST. ORDER Heard Ms. L. Gope, learned counsel appearing for the petitioner. Also heard Dr. B. N. Gogoi, learned Standing Counsel appearing for the Income Tax Department and Ms. M. Da....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....resaid demand. The first appeal before the CIT (Appeals) stands dismissed. A further appeal is pending. During the pendency thereof, the impugned recovery notices have been issued demanding immediate payment and threatening coercive steps, including attachment of bank accounts. 4. The petitioner, a co-operative bank with approximately 10 lakh depositors predominantly from economically weaker se....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....rly; hence, recourse to the present writ jurisdiction. It is contended that absent interim protection, irreparable prejudice would ensue. 6. Per contra, learned Standing Counsel for the Income Tax Department submits, on instructions, that the writ petition is not maintainable. It is pointed out that the appellate tribunal is functional and seized of both the appeal and the stay application. In ....