Lord Krishna Bank Ltd vs Chief Commissioner Of Income Tax on 4 January, 2010

       

  

  

 
 
  IN THE HIGH COURT OF KERALA AT ERNAKULAM

WP(C).No. 22431 of 2005(U)


1. LORD KRISHNA BANK LTD.,
                      ...  Petitioner

                        Vs



1. CHIEF COMMISSIONER OF INCOME TAX,
                       ...       Respondent

2. DY.COMMISSIONER OF INCOME TAX,

                For Petitioner  :SRI.JOSEPH MARKOSE (SR.)

                For Respondent  :SRI.P.K.R.MENON,SR.COUNSEL,GOI(TAXES)

The Hon'ble MR. Justice P.R.RAMACHANDRA MENON

 Dated :04/01/2010

 O R D E R
                  P.R. RAMACHANDRA MENON, J.
            ..............................................................................
                     W.P.(C) No. 22431 OF 2005
             .........................................................................
                     Dated this the 4th January, 2010

                                  J U D G M E N T

The learned Counsel for the petitioner submits that Ext.P5

impugned order was subjected to challenge before the statutory

appellate authority wherein an order was passed in favour of

the petitioner-Bank. Though the same has been subsequently

taken up and challenged before the Income Tax Department, it

is pending consideration. In the said circumstances, the learned

Counsel submits that the Writ Petition may be permitted to be

withdrawn with liberty to challenge the proceedings as and when

necessitated .

Liberty is granted and the Writ Petition is dismissed as

withdrawn.

P.R. RAMACHANDRA MENON,
JUDGE.

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