Union of India v. M/s Visa Comtrade Ltd.& Ors
[Citation -2013-LL-0916-41]

Citation 2013-LL-0916-41
Appellant Name Union of India
Respondent Name M/s Visa Comtrade Ltd.& Ors.
Court SUPREME COURT
Relevant Act Income-tax
Date of Order 16/09/2013
Judgment View Judgment
Keyword Tags service of notice • reassessment proceedings
Bot Summary: Documents) Date: 16/09/2013 This Petition was called on for hearing today. UPON hearing counsel the Court made the following ORDER This petition is directed against the judgment and order passed by the High Court of Orissa at Cuttack in W.P.(C)No. 2 : Shri Venkatraman, learned senior counsel appearing for the respondents would submit that after disposal of the Writ Petition by the High Court, the petitioner-herein have complied with the orders and directions issued by the High Court. It is also submitted that the petitioner has completed the proceedings under Section 132(5) of the Income tax Act and, thereafter, re- assessment proceedings as well. In view of this subsequent development, we are of the opinion that, nothing survives in this petition for our consideration and decision. The petition is disposed of as having become infructuous. The question of law raised by the petitioner is kept open to be agitated in an appropriate case.


ITEM NO.70 COURT NO.4 SECTION IIIA SUPREME COURT OF INDIA RECORD OF PROCEEDINGS Petition(s) for Special Leave to Appeal (Civil) No(s).906/2012 (From judgement and order dated 18/05/2011 in WP No.572/2011 of HIGH COURT OF ORISSA AT CUTTACK) UNION OF INDIA Petitioner(s) VERSUS M/S VISA COMTRADE LTD.& ORS. Respondent(s) (With appln(s) for permission to file addl.documents) Date: 16/09/2013 This Petition was called on for hearing today. CORAM : HON'BLE MR. JUSTICE H.L. DATTU HON'BLE MR. JUSTICE M.Y. EQBAL For Petitioner(s) Mr.R.P.Bhat, Sr.Adv. Mrs.Anita Sahani, Adv. Mr.Arijit Prasad, Adv Mr. B.V. Balaram Das,Adv. For Mrs.Anil Katiyar, Adv. For Respondent(s) Mr.N.Venktraman, Sr.Adv. Mr.Rakesh Sinha, Adv. For Mr. Abhijat P. Medh,Adv. UPON hearing counsel Court made following ORDER This petition is directed against judgment and order passed by High Court of Orissa at Cuttack in W.P.(C)No.572 of 2011, dated 18.05.2011. service of notice is complete and respondents have entered their appearance. : 2 : Shri Venkatraman, learned senior counsel appearing for respondents would submit that after disposal of Writ Petition by High Court, petitioner-herein have complied with orders and directions issued by High Court. That means that they have re-deposited entire money which they had seized from bank account of respondent-company to said bank account of respondent-company itself. It is also submitted that petitioner has completed proceedings under Section 132(5) of Income tax Act and, thereafter, re- assessment proceedings as well. In view of this subsequent development, we are of opinion that, nothing survives in this petition for our consideration and decision. Therefore, petition is disposed of as having become infructuous. However, question of law raised by petitioner is kept open to be agitated in appropriate case. Ordered accordingly. (G.V.Ramana) (Indu Satija) Court Master Court Master Union of India v. M/s Visa Comtrade Ltd.& Or
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