S.K. Industries Pvt. Ltd. v. ACIT, Circle 22(2)
|S.K. Industries Pvt. Ltd.
|ACIT, Circle 22(2)
|HIGH COURT OF DELHI AT NEW DELHI
|Date of Order
|additional demand • prepaid taxes • interest • rectification application
|The petition has been listed before this Bench by the Registry in view of the urgency expressed therein. Present writ petition has been filed seeking amendment of the order dated 06th March, 2009 passed under Section 143(1) of the Income Tax Act, 1961 for the assessment year 2007-2008 which has led to an additional demand of Rs.63,17,810/-. It is the case of the petitioner that the respondent did not give credit of prepaid taxes amounting to Rs.49,92,312/- while passing the order under Section 143(1) of the Act. Though learned counsel for petitioner states that while passing an order under Section 143(3) of the Act, respondent allowed the credit for prepaid taxes amounting to Rs.49,92,312/-, yet the respondent did not amend the order under Section 143(1) of the Act by giving credit of prepaid taxes amounting to Rs.49,92,312/- as well as by deleting the interest charged on the said amount under Section 234B of the Act. Mr.Kunal Sharma, Advocate accepts notice on behalf of the respondent. The present writ petition is disposed of with a direction to the respondent to decide the aforesaid rectification applications within four weeks by way of a reasoned order in accordance with law. Copy of the order be also forwarded to the learned counsel through e-mail.