2022 (1) TMI 656

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....oner : Mr.S.Sridhar For the Respondents : Mrs.Hema Muralikrishnan Senior Standing Counsel ORDER Heard the learned counsel for the petitioner and the learned Senior Standing Counsel for the respondents. 2. This case was already heard at length in the forenoon and thereafter passed over. The petitioner was asked instructions as to whether the petitioner was willing to deposit any amount ....

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....ng in the petitioner's account, has been added as ''an unexplained income'' in the hands of the petitioner and therefore proceedings were initiated to finalise the assessment. 5. The petitioner had two officers namely Mr.Selvaraj who are the Chief Financial Manager and one Ms.Swasthika, Finance Manager who were handling the accounts and Income Tax related issue. The Income T....

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....ng to any of the notices and the information sought for and that repeated notices remained unanswered. The learned Senior Standing Counsel for the respondents submits that there are several disputed question of facts which cannot be examined at length in summary proceedings under Article 226 of the constitution of India and therefore submits that the petitioner has an alternate remedy under Sectio....

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....rst instalment shall be paid before the end of first month, i.e on or before 31.01.2022 and the second instalment by 14.02.2022. On payment of the aforesaid amount, the impugned order shall stands quashed. 9. As and when the petitioner deposits the aforesaid amount, the attachment order issued pursuant to the impugned assessment order dated 29.09.2021 shall also automatically stand vacated. The....