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[Cites 7, Cited by 0]

Madras High Court

M/S.Sri Lakshmi Saraswathi Textiles ... vs Union Of India on 23 April, 2024

Author: J.Sathya Narayana Prasad

Bench: Sanjay V.Gangapurwala, J.Sathya Narayana Prasad

                                                                         W.P.No.41197 of 2006



                                    IN THE HIGH COURT OF JUDICATURE AT MADRAS

                                                DATED:   23.04.2024

                                                      CORAM :

                             THE HON'BLE MR.SANJAY V.GANGAPURWALA, CHIEF JUSTICE
                                                         AND
                                  THE HON'BLE MR.JUSTICE J.SATHYA NARAYANA PRASAD


                                                W.P.No.41197 of 2006

                     M/s.Sri Lakshmi Saraswathi Textiles (Arni) Ltd.,
                     New #16, Old #17, Krishnama Road,
                     Nungambakkam,
                     Chennai-600 034
                     rep. by its Managing Director R.Srihari.             .. Petitioner

                                                         Vs

                     1.Union of India,
                       rep. by its Secretary,
                       Ministry of Finance,
                       North Block, New Delhi.

                     2.The Assistant Commissioner of Income Tax,
                       Company Circle – VI(4),
                       Aayakar Bhavan,
                       #121, Nungambakkam High Road,
                       Chennai-600 034.                                   .. Respondents


                     Prayer : Petition filed under Article 226 of the Constitution of India
                     seeking issuance of a writ of declaration to declare the conditions and
                     restrictions in the Third and Fourth Provisos to Section 80HHC(3)
                     inserted vide Section 4 of Taxation Laws Amendment Act, 2005 (Act


                     __________
                     Page 1 of 4


https://www.mhc.tn.gov.in/judis
                                                                               W.P.No.41197 of 2006



                     55 of 2005) dated 28.12.2005 as ultra vires offending Article 14,
                     Article 19(1)(g) and Article 300-A of the Constitution of India and
                     Section 80HHC(1) of the Income Tax Act, 1961.


                                      For the Petitioner       : Ms.Sree Lakshmi Valli
                                                                 for M/s.Philip George

                                      For the Respondents      : Mr.V.Mahalingam
                                                                 Sr. Panel Counsel
                                                                 assisted by
                                                                 Ms.S.Premalatha
                                                                 for respondent No.2

                                                               : No appearance
                                                                 for respondent No.1


                                                            ORDER

(Order of the court was made by the Hon'ble Chief Justice) Learned counsel for the petitioner and learned Senior Panel Counsel for the second respondent are ad idem that the issue is no longer res integra and the same has been decided by the Apex Court in the case of Commissioner of Income Tax-5 and another v. Avani Exports and another, (2016) 16 SCC 741.

2. In the light of that, the present writ petition is allowed in terms of the judgment of the Apex Court in the case of Avani Exports, __________ Page 2 of 4 https://www.mhc.tn.gov.in/judis W.P.No.41197 of 2006 supra. There shall be no order as to costs. Consequently, M.P.No.1 of 2006 is closed.




                                                     (S.V.G., CJ.)             (J.S.N.P., J.)
                                                                23.04.2024
                     Index              :   Yes/No

Neutral Citation : Yes/No bbr To

1.The Secretary, Union of India, Ministry of Finance, North Block, New Delhi.

2.The Assistant Commissioner of Income Tax, Company Circle – VI(4), Aayakar Bhavan, #121, Nungambakkam High Road, Chennai-600 034.

__________ Page 3 of 4 https://www.mhc.tn.gov.in/judis W.P.No.41197 of 2006 THE HON'BLE CHIEF JUSTICE AND J.SATHYA NARAYANA PRASAD,J.

bbr W.P.No.41197 of 2006 23.04.2024 __________ Page 4 of 4 https://www.mhc.tn.gov.in/judis