9911796707
TMI Blog2024 (8) TMI 50X X X X Extracts X X X X X X X X Extracts X X X X ..... C. Saravanan For the Petitioner : Mr.V.S.Jayakumar Senior Counsel for Mr.S.B.Kayvin Prince For the Respondents : Mr.N.Dilipkumar Senior Standing Counsel ORDER Heard the learned Senior Counsel for the petitioner and the learned Senior Standing Counsel for the Income Tax Department/respondents. 2. In this writ petition, the petitioner has challenged the impugned Assessment Order dated 27.03.20 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... d for the performance and objects of the Trust. (c)Sale proceeds should not be withdrawn on any account except for investing the same in any better security, with the approval of the Court. (d)Copy of sale deed and FDR shall be produced into Court within one month from the date of sale." 3. Pursuant to the aforesaid order, an Advocate Commissioner was appointed by the Court and the property p ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... the petitioner were disposed along with the batch. The petitioner did not press for relief in W.P(MD).No.16821 of 2021, wherein the constitutional validity of the Notification issued under Taxation and Other Laws (Relaxation and Amendment of Certain Provisions) Act, 2020, was challenged. 5. The case of the petitioner appears that the time for completing the assessment under Section 153 of the Inc ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 7. The learned Senior Counsel for the petitioner submitted that the petitioner may be given one opportunity to explain the position before the first respondent. 8. The learned Senior Standing Counsel for the respondents, on the other hand, would submit that the Writ Petition is liable to be dismissed, as the petitioner has an alternate remedy before the Appellate Commissioner under Section 246(A) ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... the Officer has come to a conclusion during the hearing that no case is made out for dropping the assessment on account of limitation, the petitioner shall be ready to make submissions on merits. The first respondent shall pass suitable order on merits as expeditiously as possible, preferably, within a period of six months from the date of receipt of a copy of this order. 11. Needless to state, t ..... X X X X Extracts X X X X X X X X Extracts X X X X
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