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Income Tax Appellate Tribunal - Bangalore

M/S. Varanga Sahakari Vyavasayika ... vs Income Tax Officer, Ward- 3, Udupi on 7 June, 2019

                     IN THE INCOME TAX APPELLATE TRIBUNAL
                              "A" BENCH : BANGALORE

              BEFORE SHRI J. SUDHAKAR REDDY, ACCOUNTANT MEMBER
                    AND SMT. BEENA PILLAI, JUDICIAL MEMBER


  SP Nos.      In ITA            A.Y.       APPLLICANT(S)            VS. RESPONDENT(S)
                Nos.
148/Bang/2019 707/B/19          2016-17   Kodavoor Vyavasaya            The Income Tax
                                          Seva Sahakari Sangha          Officer,
                                          Ltd.,                         Ward-1 & TPS,
                                          No.16-62, Kodavoor,           Udupi.
                                          Udupi - 576 106.
                                          PAN: AACAK 6235E
152/Bang/2019 762/B/19          2016-17   Sri Mallikarjuna Credit
                                          Co-op. Society Ltd.,
                                          Shiroor, Vandaru Post,
                                          Udupi - 576 223.              The Income Tax
                                          PAN: AAIAS 2725B              Officer, Ward 2,
155/Bang/2019 765/B/19          2016-17   Ganapathi Agricultural        Udupi.
                                          Co-op. Society Ltd.,
                                          'Sahakari Sadana',
                                          Main Road, Kemmannu,
                                          Udupi - 576 115.
                                          PAN: 576 115.
166/Bang/2019 942/B/19          2015-16   Shri       Mangalajyothi
                                          Vividhoddesha Sahakara        The Income Tax
                                          Sangha Ltd.,                  Officer,
                                          Battagudda,                   Ward 1(3),
                                          Mangaluru - 575 004.          Udupi.
                                          PAN: AAGAS 5474D

180/Bang/2019 1190/B/19         2015-16   Varanga Sahakari
                                          Vyavasayika Sanga Ltd.,       The Income Tax
                                          Varanga,                      Officer, Ward 2,
181/Bang/2019 1191/B/19         2016-17   Karkala - 576 144.            Udupi.
                                          PAN: AABAV 1321R

            Applicants by   :    Shri Mahesh R. Uppin, Advocate
            Respondent by   :    Shri H. Ananda, Addl. CIT(DR), ITAT, Bengaluru.

                      Date of hearing             :   07.06.2019
                      Date of Pronouncement       :   07.06.2019
                                                             SP Nos.148,152,155,
                                                          166, 180 & 181/B/2019
                                   Page 2 of 3

                                   ORDER

Per J. Sudhakar Reddy, Accountant Member

By these stay petitions, the assessees seek stay of outstanding demand of the respective assessment years. As the issues arising in all these petitions are common, for the sake of convenience, they are heard together and we dispose of these petitions by way of this common order.

2. After hearing the rival contentions, we are of the considered opinion that the balance of convenience is not in favour of grant of stay in these cases. Hence these stay petitions are hereby dismissed.

3. The alternative prayer of the assessees for grant of early hearing is allowed, as the ld. DR had no objection for the same.

4. The registry is directed to post all these cases on out-of-turn basis on 4th July, 2019 (04.07.2019). As the date is announced in the open court, no separate notice shall be issued to either party. Ordered accordingly.

5. In the result, all the stay petitions are disposed of accordingly. Pronounced in the open court on this 7th day of June, 2019.

            Sd/-                                              Sd/-


 ( BEENA PILLAI )                                   ( J. SUDHAKAR REDDY )
     Judicial Member                                  Accountant Member

Bangalore,
Dated, the 7th June, 2019.

/ Desai Smurthy /
                                                    SP Nos.148,152,155,
                                                 166, 180 & 181/B/2019
                            Page 3 of 3




Copy to:

1.   Applicant (s) [5]
2.   Respondent
3.   CIT
4.   CIT(A)
5.   DR, ITAT, Bangalore.
6.   Guard file




                                          By order



                                    Assistant Registrar
                                     ITAT, Bangalore.