TaxTMI 
TaxTMI 
2022 (10) TMI 376
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....LE DR. JUSTICE ANITA SUMANTH For Petitioners : Mr.P.V.Sudakar For Respondents : Mr.ANR.Jayaprathap, Junior Standing Counsel ORDER Heard Mr.P.V.Sudakar, learned counsel for the petitioner and Mr.ANR.Jayaprathap, learned Junior Standing Counsel for the respondents. The petitioners challenge orders of assessment for Assessment Year (AY) 2012- 13 passed on 28.12.2019 in terms of the provisions of ....
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....nalized in accordance with law. 4. I am given to understand by the learned Standing Counsel that the assessment has been completed in the hands of Srinivasan, adverse to him. A statutory appeal has been filed by him challenging the same that is stated to be pending. 5. The loan that the petitioner claims to have received and which constitutes the subject matter of the impugned order of assessmen....
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....sed the writ petition, granting liberty to the petitioner company to file a statutory appeal within a time frame fixed by the Court. A Writ Appeal was filed as against the aforesaid order in W.A.No.1850 of 2022 that has also come to be dismissed by the Division Bench on 25.08.2022. 8.Thus, it is clear that all the matters relating to determination of the issue as to whether the cash credits resul....
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.... the petitioner's request. 10.Though the above position might be construed as a violation of principles of natural justice, I am not inclined to set aside the impugned order merely on this score, bearing in mind the facts and circumstances as noted above. The appeals of the company as well as R.Srinivasan involving identical issues are before the Appellate authority and thus, it would stand t....