Income Tax Appellate Tribunal - Cochin
Asten Ortho Private Limited,Calicut vs Income Tax Officer, National Faceless ... on 29 January, 2025
IN THE INCOME TAX APPELLATE TRIBUNAL
COCHIN BENCH, COCHIN
BEFORE SHRI INTURI RAMA RAO, AM
AND SHRI PRAKASH CHAND YADAV, JM
SA Nos. 141 & 142/Coch/2023: AY - 2011-12 & 2012-13
(Arising out of ITA Nos. 511 & 512/Coch/2023)
KK Leisure & Tourism International (P) Ltd. .......... Applicant
PPV 562C, KK Plaza Building
Peravoor, Kannur 670673
[PAN: AADCK3339E]
Vs.
DCIT, Central Circle-2 .......... Respondent
Kozhikode
SA No. 153/Coch/2024: AY - 2017-18
(Arising out of ITA No. 556/Coch/2024)
Edamalayar Service Co-op. Society .......... Applicant
IX 103A Edamalayar Service Co-op. Bank Ltd.
Vadattupara P.O. Kothamangalam 686694
[PAN: AAAAE4549F]
Vs.
The Income Tax Officer .......... Respondent
Ward -1 & TPS, Thodupuzha
SA No. 182/Coch/2024: AY - 2017-18
(Arising out of ITA No. 806/Coch/2024)
Sinuj Vijayan .......... Applicant
VP 1/1101, Vijay Steels
Vadakkencherry 678683
[PAN: ASNPV3671K]
Vs.
The Income Tax Officer .......... Respondent
Ward - 2, Palakkad
2
SA Nos. 141 & 142/Coch/2023 & Others
KK Leisure & Tourism International (P) Ltd.& Others
SA No. 184/Coch/2024: AY - 2017-18
(Arising out of ITA No. 801/Coch/2024)
Mamala Service Co-op. Bank Ltd. .......... Applicant
Thiruvaniyoor, Mamala P.O.
Muriyamangalam, Kochi 682305
[PAN: AACAM1459J]
Vs.
The Income Tax Officer .......... Respondent
Ward - 2, Aluva
SA Nos. 137 & 199 to 201/Coch/2023: AY - 2009-10 to 2012-13
(Arising out of ITA Nos. 513 to 516/Coch/2023)
R.C. Park .......... Applicant
Kolandhara House, Melmuringodi
Peravoor, Kannur 670673
[PAN: AAGFR6528J]
Vs.
DCIT, Central Circle -2 .......... Respondent
Kozhikode
SA No. 126/Coch/2024: AY - 2017-18
(Arising out of ITA No. 865/Coch/2023)
Asten Ortho Pvt. Ltd. .......... Applicant
Asten Speciality Orthopedic Hospital
NH 66, Pantheerankavu
Kozhikode - 673019
[PAN: AAFCB5696M]
Vs.
The Income Tax Officer .......... Respondent
Circle 1(1) & TPS, Kozhikode
3
SA Nos. 141 & 142/Coch/2023 & Others
KK Leisure & Tourism International (P) Ltd.& Others
SA No. 8/Coch/2024: AY - 2021-22
(Arising out of ITA No. 864/Coch/2023)
Salva Welfare Trust .......... Applicant
Valluvangad South, Pandikkad P.O.
Malappuram 675521
[PAN: AAGTS6013H]
Vs.
The Income Tax Officer .......... Respondent
Exemption Ward, Kozhikode
SA No. 125/Coch/2024: AY - 2017-18
(Arising out of ITA No. 469/Coch/2024)
FACT CD Employees Co-op. Credit .......... Applicant
Society Ltd.
Ambalamedu P.O., Ernakulam
[PAN: AAAAF0134F]
Vs.
The Income Tax Officer .......... Respondent
Ward - 1 & TPS, Aluva
SA No. 61/Coch/2024: AY - 2021-22
(Arising out of ITA No. 395/Coch/2024)
George Sumesh .......... Applicant
Chakkalamoolayil House, Brahamapuram
Ambalamedu, Ernakulam 682303
[PAN: CWKPS8140M]
Vs.
The Income Tax Officer .......... Respondent
Ward - 1 & TPS, Aluva
4
SA Nos. 141 & 142/Coch/2023 & Others
KK Leisure & Tourism International (P) Ltd.& Others
SA No. 22/Coch/2023: AY - 2017-18
(Arising out of ITA No. 122/Coch/2023)
Kadamkurusi Palli Nagarajan .......... Applicant
Kadamkurussi House, Muthalamada P.O.
Palakkad 678507
[PAN: AFFPN6327M]
Vs.
The Income Tax Officer .......... Respondent
Ward - 5, Palakkad
SA No. 155/Coch/2023: AY - 2014-15
(Arising out of ITA No. 674/Coch/2023)
The Mangode Service Co-op. Bank Ltd. .......... Applicant
Mangode P.O., Cherplachery
Palakkad 679503
[PAN: AABAT2649E]
Vs.
The Income Tax Officer .......... Respondent
Ward - 3, Palakkad
SA No. 150/Coch/2024: AY - 2018-19
(Arising out of ITA No. 655/Coch/2024)
Inditrade Business Consultants Ltd. .......... Applicant
Second Floor, MES Building
Kaloor S.O., Ernakulam 682017
[PAN: AACCJ0756F]
Vs.
The Income Tax Officer .......... Respondent
Corporate Circle 1(1), Kochi
5
SA Nos. 141 & 142/Coch/2023 & Others
KK Leisure & Tourism International (P) Ltd.& Others
SA No. 188/Coch/2024: AY - 2014-15
(Arising out of ITA No. 870Coch/20)
Sree Narayana Dharms Paripalana Yogam .......... Applicant
Branch No. 1103, Poothotta
Ernakulam 682037
[PAN: AAIAS9506N]
Vs.
The Income Tax Officer .......... Respondent
Exemption, Ernakulam
SA Nos. 132 to 134/Coch/2023: AY - 2010-11 to 2012-13
(Arising out of ITA Nos. 505 to 507/Coch/2023)
K.K. Touris Home .......... Applicant
PP VI 617 KK Plaza, Peravoor
Kannur 673001
[PAN: AACFK8452C]
Vs.
DCIT, Central Circle-2 .......... Respondent
7th Floor, Aayakar Bhavan
Mananchira, Kozhikode 673001
SA No. 129/Coch/2023: AY - 2012-13
(Arising out of ITA No. 499/Coch/2023)
K.K. Mohandas .......... Applicant
Kolandhara house, Melmuringodi
Peravoor, Kannur 670673
[PAN: AFPPM7197G]
Vs.
DCIT, Central Circle-2 .......... Respondent
7th Floor, Aayakar Bhavan
Mananchira, Kozhikode 673001
6
SA Nos. 141 & 142/Coch/2023 & Others
KK Leisure & Tourism International (P) Ltd.& Others
SA Nos. 71 to 74/Coch/2023: AYs - 2017-18 to 2019-20
(Arising out of ITA Nos. 408 to 411/Coch/2023)
Trivandrum District Electricity Board .......... Applicant
Emplouees Co-op Society
Powerhouse Road, Trivandrum
[PAN: AADAT3725F]
Vs.
The Income Tax Officer .......... Respondent
Ward - 2(1), Trivandrum
SA No. 109/Coch/2023: AY - 2017-18
(Arising out of ITA No. 455/Coch/2023)
Muliyar Agriculturist Welfare ........... Applicant
Co-op. Society Ltd
374, Bovikanam Post, Muliyar
Kasaragod 671452
[PAN: AAFAM1658Q]
Vs.
The Income Tax Officer .......... Respondent
Ward - 1 & TPS, Kararagod
SA No. 35/Coch/2023: AY - 2017-18
(Arising out of ITA No. 172/Coch/2023)
Sivan Chandran .......... Applicant
Panniperunthala, Kuttippallam Post
Chittur, Palakkad 678101
[PAN: AJZPC2703J]
Vs.
The Income Tax Officer .......... Respondent
Ward - 5, Palakkad
7
SA Nos. 141 & 142/Coch/2023 & Others
KK Leisure & Tourism International (P) Ltd.& Others
SA Nos. 40, 45 & 46/Coch/2024: AYs - 2017-18, 16-17 & 20-21
(Arising out of ITA Nos. 204, 380 & 381Coch/2024)
Palakkad District Co-op. Printing Press Ltd. .......... Applicant
H.P.O. Road, Sulthanpet, Palakkad 678001
[PAN: AABAT5359F]
Vs.
Income Tax Officer ......... Respondent
Ward - 2, Palakkad
SA No. 177/Coch/2024: AY - 2016-17
(Arising out of ITA No. 819/Coch/2024)
Bhaskarakaimal Kureeckal Bhavanam Girish .......... Applicant
Kureeckal Bhavanam, Kaduthuruthy
Vaikom S.O., Kottayam 686604
[PAN: ASTPG3974C]
Vs.
The Income Tax Officer .......... Respondent
Ward - 1, Kottayam
SA Nos. 168 & 169/Coch/2024: AYs - 2011-12 & 2017-18
(Arising out of ITA Nod. 660 & 659/Coch/2024)
Kanayannur Service Co-op. Bank Ltd. .......... Applicant
Chottanikara, Ernakulam
[PAN: AABAK4920B]
Vs.
The Income Tax Officer .......... Respondent
Non-Corporate Ward - 1(3), Kochi
8
SA Nos. 141 & 142/Coch/2023 & Others
KK Leisure & Tourism International (P) Ltd.& Others
SA No. 154/Coch/2024: AY - 2017-18
(Arising out of ITA No. 491/Coch/2024)
Cherthala Taluk Agricultural Credit .......... Applicant
Co-op. Society
Cherthala P.O., Alappuzha
[PAN: AACAC2301H]
Vs.
The Income Tax Officer .......... Respondent
Ward -1 & TPS, Alappuzha
Applicant by: ------- None -------
Respondent by: Smt. Leena Lal, Sr. D.R.
Date of Hearing: 13.12.2024
Date of Pronouncement: 29.01.2025
ORDER
Per: Inturi Rama Rao, AM The present stay applications are filed by the assessee seeking stay of collection of the outstanding demands of Rs. 41,71,820/- & Rs. 6,99,230/- for assessment years (AYs) 2011-12 & 2012-13, respectively.
2. When the appeals were called, none appeared on behalf of the assessee nor is there any application for adjournment. Therefore, we proceed to dispose the appeals after hearing the learned Sr. DR. in the following terms: -
From the material on record we find neither any prima facie case in favour of the assessee nor is there any material to show 9 SA Nos. 141 & 142/Coch/2023 & Others KK Leisure & Tourism International (P) Ltd.& Others that the applicant had complied with the terms and conditions specified in the second proviso to section 254(2)(a) of the Income Tax Act, 1961 (the Act), i.e. payment of 20% of the outstanding demand. Thus, the assessee failed to comply with the conditions precedent to grant of stay of demand. Under this circumstance, we are of the considered opinion that the stay petitions filed by the assessee deserve to be dismissed. Ordered accordingly.
3. Order pronounced in the open court on the conclusion of the hearing.
Sd/- Sd/- (PRAKASH CHAND YADAV) (INTURI RAMA RAO) JUDICIAL MEMBER ACCOUNTANT MEMBER
Cochin, Dated: 29th January, 2025 n.p.
Copy to:
1. The Applicant
2. The Respondent
3. The Pr. CIT concerned
4. The Sr. DR, ITAT, Cochin
5. Guard File Assistant Registrar ITAT, Cochin