Legal Document View

Unlock Advanced Research with PRISMAI

- Know your Kanoon - Doc Gen Hub - Counter Argument - Case Predict AI - Talk with IK Doc - ...
Upgrade to Premium
[Cites 2, Cited by 0]

Madras High Court

M/S.Digital Accelerator Limited vs Interim Board For Settlement on 6 February, 2025

Author: Krishnan Ramasamy

Bench: Krishnan Ramasamy

                                                                             W.P.No.17017 of 2024



                                  IN THE HIGH COURT OF JUDICATURE AT MADRAS

                                             Dated : 06.02.2025

                                                   Coram

                                  The Hon'ble Mr.Justice Krishnan Ramasamy

                                            W.P.No.17017 of 2024
                                                    and
                                      W.M.P.Nos.18754 and 18758 of 2024

                M/s.Digital Accelerator Limited
                Formerly known as M/s Marg Realities Limited
                Represented by its authorized signatory
                Mr.Padmanabhan S
                57/2B, Sri Subhodaya Apartments
                East Coast Road,
                Tiruvanmiyur
                Chennai-600041
                [PAN:AAECM1349R]                                          ...Petitioner

                                                     Vs.

                1. Interim Board for Settlement
                   Bench-II
                   9th Floor, Lok Nayak Bhavan,
                   Khan Market
                   New Delhi- 110003
                   Successor of the erstwhile                                    ...
                   Income Tax Settlement Commission
                   Additional Bench
                   Chennai- 600035.

                2. Principal Commissioner of Income Tax
                   Central Circle-2
                   Mahathma Gandhi Road
                   Chennai-600034.
                3. Deputy Commissioner of Income Tax
https://www.mhc.tn.gov.in/judis
                1/4
                                                                                            W.P.No.17017 of 2024



                      Central Circle 2
                      Mahathma Gandhi Road
                      Chennai-600034.                                                    Respondents

                Prayer: This Writ Petition filed under Article 226 of the Constitution of India
                for issuance of a Writ of Certiorarified Mandamus, to call for the records of the
                1st Respondent contained in the impugned order u/s 245(D)(4) bearing
                Settlement Application No.TN/CN52/2021-22/31/TT dated 20.11.2023, and
                thereby quash the same as arbitrary, unjust, illegal, against the principles of
                natural justice and against the principles of law and consequently direct the 1st
                Respondent to reconsider the application filed by the petitioner in Settlement
                Application No.TN/CN52/2021-22/31/IT and pass fresh order under Section
                245D(4) of the Income Tax Act, 1961 (hereinafter referred to as the "Act") after
                affording sufficient opportunity of being heard.


                                           For Petitioner     : Ms.N.V.Lakshmi
                                           For Respondents : Mr.A.N.R.Jayaprathap
                                                             Junior Standing Counsel

                                                        ORDER

When this writ petition is taken up for hearing, the learned counsel for the petitioner had sought permission of this Court to withdraw this writ petition.

He had also made an endorsement to that effect.

2. In view of the submission made by the learned counsel for the https://www.mhc.tn.gov.in/judis 2/4 W.P.No.17017 of 2024 petitioner and also in view of the endorsement made, this writ petition is dismissed as withdrawn. No costs. Consequently, connected Miscellaneous Petitions are closed.

06.02.2025 Speaking/Non-speaking order Index : Yes / No Neutral Citation : Yes / No arr https://www.mhc.tn.gov.in/judis 3/4 W.P.No.17017 of 2024 KRISHNAN RAMASAMY,J., arr To

1. Interim Board for Settlement Bench-II 9th Floor, Lok Nayak Bhavan, Khan Market New Delhi- 110003 Successor of the erstwhile ... Income Tax Settlement Commission Additional Bench Chennai- 600035.

2. Principal Commissioner of Income Tax Central Circle-2 Mahathma Gandhi Road Chennai-600034.

3. Deputy Commissioner of Income Tax Central Circle 2 Mahathma Gandhi Road Chennai-600034.

W.P.No.17017 of 2024

03.02.2025 https://www.mhc.tn.gov.in/judis 4/4