2017 (9) TMI 1106

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....anaswamy ORDER Heard Mr.S.Subbiah, learned Senior Counsel appearing for the petitioner and Mr.T.V.Krishnamachari, learned Central Government Standing Counsel appearing for the first respondent and Mr.J.Narayanaswamy, learned Standing Counsel appearing for the second respondent. 2. The petitioner has come forward with this Writ Petition for issuance of Writ of Declaration to declare Sectio....

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....h appropriate directions, leaving it open to the parties i.e. the petitioner as well as the Revenue to abide by the decision of the Hon'ble Supreme Court. 5. The learned counsel for the Revenue expressed an apprehension that in the event the Hon'ble Supreme Court uphold the provisions as being a valid piece of legislation, then the assessee like the petitioner should not plead that the ....