The petitioners filed a writ petition seeking to sell seized gold bullion and credit proceeds towards tax liability and PMGKY deposits. The Court dismissed the writ petition as withdrawn upon counsel's application.
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IN THE HIGH COURT OF JUDICATURE AT MADRAS
DATED: 18.07.2017
CORAM:
THE HON'BLE MR.JUSTICE T.S.SIVAGNANAM
W.P.No.2004 of 2017
and W.M.P.Nos.2602, 2603,4044 and 4045 of 2017
.. Petitioners
Vs.
Deputy Director of Income Tax (Investigations) Unit 1 (1), Room No. 209, 2nd Floor, No.46, New Income Tax Building (Investigation Wing), M.G.Road, Nungambakkam, Chennai – 600 034. .. Respondent
Prayer: Writ petition filed under Article 226 of the Constitution of India praying for issuance of Writ of Mandamus or any appropriate writ, order or direction, directing the respondent, to forthwith sell the gold bullion seized from the premises of the petitioners and to credit the seized cash and the sale proceeds of the seized gold bullion on account of petitioner no.1 towards tax, surcharge and penalty payable by the petitioner no.1 to credit 25% of the undisclosed income towards deposit in the PMGKY (Pradhan Mantri Garib Kalyan Deposit) Deposit scheme for a lock-in period of 4 years, and to return the remaining balance amount to the Petitioner no.1 in accordance with the said Scheme upon filing of a declaration prescribed under the said scheme subject, of course, to fulfilment by the petitioners, of all the stipulations and incidents of the said scheme and the procedure prescribed in this regard.
For Petitioner : Mr.G.Derrick Sam G. Vijayabalan
For Respondent : Mr.A.P.Srinivas Senior Panel counsel
O R D E R
The learned counsel for the petitioner seeks permission of this Court to withdraw this Writ Petition. He has also made an endorsement to that effect.
In view of the endorsement made by the learned counsel for the petitioner, this Writ Petition is dismissed as withdrawn. No costs. Consequently, connected Miscellaneous Petitions are Closed.
Sd/-
Assistant Registrar(CS VI)
//True Copy//
Sub Assistant Registrar
sli/pbn
To
Deputy Director of Income Tax (Investigations)
Unit 1 (1), Room No. 209, 2 nd Floor,
No.46, New Income Tax Building (Investigation Wing),
M.G.Road, Nungambakkam, Chennai – 600 034.
+1cc to Mr.A.P.Srinivas, Advocate, S.R.No.50200
+1cc to Mr.Hari Radhakrishnan, Advocate, S.R.No.50842
W.P.No.2004 of 2017 and
W.M.P.Nos.2602,2603,4044
and 4045 of 2017
AR(CS VI)
CS/03/08/17
Ashok Munilal Jain
Mahaveer Kumar
Deputy Director of Income Tax (Investigations)
T.S.Sivagnanam
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
