THE HONOURABLE SRI JUSTICE P.SAM KOSHY AND THE HONOURABLE SRI JUSTICE SUDDALA CHALAPATHI RAO WRIT PETITION No.927 of 2008 ORDER : (per Hon’ble Sri Justice P.Sam Koshy)

Mr.Karthik Ramana Puttamreddy, learned counsel for the petitioner and Mr.T.Chaitanya Kiran, learned Assistant Government Pleader representing Mr.Swaroop Oorilla, learned Special Government Pleader for State Tax, for the respondent.

2. The instant Writ Petition has been filed assailing the order passed Assessing Officer for the assessment year 2003-04, dated 28.03.2007. The assessment order has been directly challenged by the way of writ petition ignoring the statutory remedy of appeal. The writ petition was admitted for hearing as early as on 23.01.2008 and interim stay was also granted on a condition of the petitioner depositing a sum of Rs.20,00,000/- within a period of three weeks.

3. The contention of learned counsel for the petitioner is that the conditional interim order was passed and the remaining part of the order was stayed till date. The challenge to the assessment order is made primarily on the ground that the order is one which is barred by limitation and that the order is also one which, apparently is an a