2023 (7) TMI 1282

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.... 7-7-2023<br>W. P. No. 19526 of 2023 And W. M. P. No. 18786 of 2023 - -<br>Income Tax<br>Honourable Mr.Justice C.Saravanan For the Petitioner : Mr.SP.Chidambaram For the Respondents : Mr.Prabhu Mukunth Arun Kumar Standing Counsel ORDER Mr.Prabhu Mukunth Arun Kumar, learned Standing Counsel takes notice on behalf of the respondents. 2. Heard both sides at length. This Writ Petition i....

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.... Rs. 11,65,67,340/- Add: Transfer Pricing Adjustment Rs. 2,00,98,068/- Add: Disallowance of Research and Development expenses Rs. 1,99,60,831/- Total income assessed Rs. 15,66,26,239/- 5. The petitioner thus filed an appeal before the Appellate Tribunal. The Appellate Tribunal by its order dated 20.06.2018, had allowed the appeal of the petitioner insofar as the Transfer Pr....

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.... have passed an Assessment Order, before the expiry of nine months from the end of the financial year. It is submitted that after order under Section 254 was received, order has to be passed by the Chief Commissioner or Commissioner, or as the case may be under Section 153(3) of the IT Act. However, such exercise has not been carried out. Instead, the respondents have rushed by issuing the impugne....

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.... a fit case for giving a Mandamus to the respondents to consider and pass appropriate orders on the representation dated 08.06.2023 of the petitioner. 12. The petitioner&#39;s representation shall be disposed by the first respondent within a period of six weeks from the date of receipt of a copy of this order. The giving effect to order shall be passed by the second respondent within a period o....