State of Andhra Pradesh v. The Chief Commissioner of Income-tax
[Citation -2016-LL-1201-39]
| Citation | 2016-LL-1201-39 |
|---|---|
| Appellant Name | State of Andhra Pradesh |
| Respondent Name | The Chief Commissioner of Income-tax |
| Court | SUPREME COURT |
| Relevant Act | Income-tax |
| Date of Order | 01/12/2016 |
| Judgment | View Judgment |
| Bot Summary: | The appellants are before this Court aggrieved by the interim order passed by the High Court of Judicature at Andhra Pradesh for the State of Telangana and the State of Andhra Pradesh dated 16.12.2015 in WVMP Nos.1688 2546 of 2015 and connected matters. The operative portion of the order reads as follows : The petitioners herein and the Government of A.P shall forthwith and, in any event, on or before 20.01.2016, re-deposit the amounts received by them from APBCL on the sale of the stocks attached by the Income-tax department. Such re-deposit would ensure that the entire sale proceeds remain in the separate account directed to be maintained by this Court. We dispose of these appeals with a request to the High Court to dispose of the Writ Petitions expeditiously and preferably before ensuing summer vacation. In case the Writ Petitions are dismissed, the appellants shall, subject to the orders passed by the High Court and subject to those orders attaining finality, deposit the amounts as ordered by the High Court within a period of one month, with interest as fixed by the High Court. Since the High Court has passed only an interim order, we make it clear that all contentions are left open and the Writ Petitions shall be disposed of uninfluenced by any of the observations and findings in the interim order. Till the Writ petitions are disposed of by the High Court, there should be no recovery of the dues in terms of the impugned order. |