2023 (1) TMI 727

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....rish Dhawan Behl, Advs. For the Respondents : Mr. Ajit Sharma, Adv. VIBHU BAKHRU, J. (ORAL) CM No.22161/2021 (for exemption) 1. Exemption is allowed, subject to all just exceptions. 2. The application is disposed of. W.P.(C) 7022/2021 3. The petitioners have filed the present petition, inter alia, praying as under: "A. Issue a writ in the nature of Certiorari/Mandamus....

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....aring in the Form 26AS of the Erstwhile Transferor Company in terms of Section 199 of the Act r/w Rule 37BA(2)(i) of the Income Tax Rules, 1962; and/or" 4. The National Company Law Tribunal, New Delhi passed an order dated 24.11.2017 in Company Petition No. 26/2016, thereby, approving a scheme of arrangement between four companies including the three petitioners. The specified undertakings of t....

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....ereafter 'the Act') were issued to the respective petitioners. Since the same did not reflect the credit of the TDS deducted to the credit of the erstwhile entities, the petitioners filed their respective applications for rectification under Section 154 of the Act. The returns filed by the petitioners for the next Assessment Year, that is, Assessment Year 2018-19, were taken up for scrutiny and as....

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.... the said prayer does not survive. 9. The learned counsel for the petitioners states that petitioner no.1 continues to be aggrieved as the income tax portal reflects an outstanding demand of Rs.1,24,97,631/-. He states that petitioner no.1 is unaware as to how the said amount has been computed. 10. In view of the above, this Court considers it apposite to dispose of the present petition by i....