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TMI Blog2019 (7) TMI 608X X X X Extracts X X X X X X X X Extracts X X X X ..... Court in exercise of its power of review under Article 226 of the Constitution of India and hence the first ground against Ext.P4 fails. The next submission of Sri. Harisankar. V. Menon is that the petitioner may be permitted to comply with the order by starting the payment of the installments on or before 30th of July, 2019. To meet the ends of justice this prayer could be considered and acco ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... NT Heard Sri. Harisankar. V. Menon, for the petitioner and Sri. Jose Joseph, for the respondents. 2. The petitioner, a Co-operative Bank is, aggrieved by Ext.P1 assessment order in appeal before the 2nd respondent. The petitioner moved Ext.P3 stay petition praying for stay of recovery pursuant to Ext.P1 assessment order. The 2nd respondent through Ext.P4 considered ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... firstly, by contending that the condition imposed of depositing 20% is very onerous and is not compatible to the merits canvassed by the petitioner in the appeal. Alternatively submits that, the petitioner can be given extension of time for making the first installment. In other words, the request is to start the payment, of first installment on or before the 30th day of July, 2019. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... rder reads thus:- The issue involves the claim of deduction u/s.80P disallowance. In the totality of the facts, I deem it proper to stay 80% of the demand till disposal of appeal or 6 months whichever is earlier. 20% of the balance demand in five equal monthly installments starting from on or before the 30th day of July, 2019 should be paid. The Assessing Officer shall monitor t ..... X X X X Extracts X X X X X X X X Extracts X X X X
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