Muthoot Financiers v. Income-tax Settlement Commission, Additional Bench Chennai, Chennai
[Citation -2020-LL-0924-25]

Citation 2020-LL-0924-25
Appellant Name Muthoot Financiers
Respondent Name Income-tax Settlement Commission, Additional Bench Chennai, Chennai
Court HIGH COURT OF MADRAS
Relevant Act Income-tax
Date of Order 24/09/2020
Judgment View Judgment
Keyword Tags sufficient opportunity of being heard • settlement commission
Bot Summary: Respondents Prayer: Writ Petitions filed under Article 226 of the Constitution of India praying Writ of Certiorarified Mandamus calling for the records of the 1st respondent contained in its impugned order bearing No. KL/ KO 51/2018-19/ 36/IT dated 11.12.2018 and to quash the same as arbitrary unjust and illegal and to consequently direct the 1st respondent to reconsider the application filed by the petitioner bearing No. KL/ KO 51/ 2018-19/ 36/ IT and pass a fresh order under Section 245D(1) of the Income Tax Act 1961 after affording the petitioner a sufficient opportunity of being heard in accordance with Law. In 1 W.P. No.2073 of 2019 Dr.ANITA SUMANTH, J. ska ORDER In the light of memo dated 10.09.2020, filed by the learned counsel for the petitioner seeking permission to withdraw the writ petition, this Writ Petition is dismissed as withdrawn leaving the question of law open to be decided in an appropriate matter. Connected Miscellaneous petition are also dismissed.


W.P. No.2073 of 2019 IN HIGH COURT OF JUDICATURE AT MADRAS DATED: 24.09.2020 CORAM HONOURABLE DR. JUSTICE ANITA SUMANTH W.P. No.2073 of 2019 and WMP. Nos.2329 and 2326 of 2019 M/s.Muthoot Financiers, Rep by its Partner George Alexander, 3rd Floor Muthoot Chambers, Banerji Road, Ernakulam 682 018. Petitioner Vs 1 Income Tax Settlement Commission, Additional Bench Chennai Ministry of Finance Department of Revenue, 640, Anna Salai, Nandanam, Chennai 35. 2 Assistant Commissioner of Income Tax, Central Circle 1, Ernakulam 682 018. Respondents Prayer: Writ Petitions filed under Article 226 of Constitution of India praying Writ of Certiorarified Mandamus calling for records of 1st respondent contained in its impugned order bearing No. KL/ KO 51/2018-19/ 36/IT dated 11.12.2018 and to quash same as arbitrary unjust and illegal and to consequently direct 1st respondent to reconsider application filed by petitioner bearing No. KL/ KO 51/ 2018-19/ 36/ IT and pass fresh order under Section 245D(1) of Income Tax Act 1961 after affording petitioner sufficient opportunity of being heard in accordance with Law. For Petitioner : Mr.R.Sivaraman For Respondents : Mr.A.P.Srinivas, Senior Standing Counsel http://www.judis.nic.in 1 W.P. No.2073 of 2019 Dr.ANITA SUMANTH, J. ska ORDER In light of memo dated 10.09.2020, filed by learned counsel for petitioner seeking permission to withdraw writ petition, this Writ Petition is dismissed as withdrawn leaving question of law open to be decided in appropriate matter. No costs. Connected Miscellaneous petition are also dismissed. No costs. 24.09.2020 ska Index:Yes/No Internet:Yes/No Speaking Order/Non-speaking order To 1 Income Tax Settlement Commission, Additional Bench Chennai Ministry of Finance Department of Revenue, 640 Anna Salai, Nandanam, Chennai 35. 2 Assistant Commissioner of Income Tax, Central Circle 1, Ernakulam 682 018. W.P. No.2073 of 2019 and WMP. Nos.2329 and 2326 of 2019 http://www.judis.nic.in 2 Muthoot Financiers v. Income-tax Settlement Commission, Additional Bench Chennai, Chennai
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