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Supreme Court - Daily Orders

Kerela State Co Operative Agricultural ... vs The Commissioner Of Income Tax on 1 February, 2016

Bench: Kurian Joseph, Rohinton Fali Nariman

     ITEM NO.56                                COURT NO.12                  SECTION IIIA

                                  S U P R E M E C O U R T O F          I N D I A
                                          RECORD OF PROCEEDINGS

     Petition(s) for Special Leave to Appeal (C)                      No(s).    2737/2016

     (Arising out of impugned final judgment and order dated                         26/11/2015
     in ITA No. 103/2011 passed by the High Court Of                                 Kerala At
     Ernakulam)

     KERALA STATE CO-OPERATIVE AGRICULTURAL AND RURAL
     DEVELOPMENT BANK LTD., KSCARDB                                            Petitioner(s)

                                                      VERSUS

     COMMISSIONER OF INCOME TAX AND ANR.                                    Respondent(s)

     (with appln. (s) for permission to place addl. documents on record
     and interim relief and office report)

     Date : 01/02/2016 This petition was called on for hearing today.

     CORAM :                HON'BLE MR. JUSTICE KURIAN JOSEPH
                            HON'BLE MR. JUSTICE ROHINTON FALI NARIMAN

     For Petitioner(s)                   Mr.   Krishnan Venugopal, Sr. Adv.
                                         Mr.   Deepak Prakash, Adv.
                                         Mr.   P. M. Niyas, Adv.
                                         Ms.   Shruti Srivastava, Adv.
                                         Mr.   Vishal Somany, Adv.
                                         Mr.   Karli Venkat Reddy, Adv.
                                         Ms.   Deepa Prakash E., Adv.

     For Respondent(s)

                            UPON hearing counsel the Court made the following
                                            O R D E R

Issue notice.

There shall be stay of any coercive steps for recovery of the demand made by the Income Tax authorities from the petitioner for the Assessment Year 2007-08 till further orders.



Signature Not Verified

Digitally signed by
Jayant Kumar Arora
Date: 2016.02.03
                          (Jayant Kumar Arora)                       (Renu Diwan)
17:36:01 IST
Reason:                         Sr. P.A.                             Court Master