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Case Law Details

Case Name : Paravur Service Co-Operative Bank Ltd. Vs ITO (Kerala High Court)
Appeal Number : WA No. 738 of 2024
Date of Judgement/Order : 03/06/2024
Related Assessment Year :
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Paravur Service Co-Operative Bank Ltd. Vs ITO (Kerala High Court)

 In a significant ruling, the Kerala High Court addressed the issue of condonable delays in tax-related appeals, directing the Income Tax Appellate Tribunal (ITAT) to expedite the consideration of a delay condonation application. The case of Paravur Service Co-Operative Bank Ltd. Vs ITO has highlighted the procedural intricacies and the necessity for judicial discretion in ensuring fairness in tax adjudication processes.

The appeal by Paravur Service Co-Operative Bank Ltd. stems from a judgment dated May 23, 2024, by a learned Single Judge in W.P(C) No. 17762 of 2024. The appellant challenged the dismissal of their writ petition, which sought a directive for the ITAT to consider their delay condonation application and to stay recovery proceedings until the application was adjudicated.

 The appellant, a co-operative bank, had initially approached the writ court following an unfavorable order from the First Appellate Authority under the Income Tax Act. The bank filed an appeal (Ext.P3), a stay petition (Ext.P4), and a delay condonation application (Ext.P5) before the ITAT. The primary contention in the writ petition was to obtain an order for the ITAT to address the delay condonation application and to suspend recovery actions until a decision was made.

Single Judge’s Dismissal: The learned Single Judge dismissed the writ petition, operating under the assumption that the ITAT lacked the authority to condone the delay in question. This dismissal prompted the appellant to challenge the judgment before the Kerala High Court, asserting that the ITAT does indeed possess discretionary power to condone delays as per statutory provisions.

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