Mehboob Emam Mujawar v. The Commissioner Of Income-Tax

IN THE HIGH COURT OF JUDICATURE AT BOMBAY CIVIL APPELLATE JURISDICITON WRIT PETITION NO.4365 OF 2006 Mehboob Emam Mujawar .. Petitioner. Versus The Commissioner of Income-tax (Central) Circle & Others .. Respondents. WRIT PETITION NO.4366 OF 2006 Ayub Usman Kagadi .. Petitioner. Versus The Commissioner of Income-tax (Central) Circle & Others .. Respondents. WRIT PETITION NO.4367 OF 2006 Kedarsingh Jeevansingh Bhat .. Petitioner. Versus The Commissioner of Income-tax (Central) Circle & Others .. Respondents. WRIT PETITION NO.4368 OF 2006 Rasul Aliso Mulla .. Petitioner. Versus The Commissioner of Income-tax (Central) Circle & Others .. Respondents. Mr.M.K. Kulkarni for the petitioner (in all petitions). Mr.A.M. Kotangale for the respondents. CORAM : H.L. GOKHALE, & J.P. DEVADHAR, JJ. DATED : 18TH SEPTEMBER, 2006. P.C. :W 1. While investigating the affairs of the respondent No.5 - Co-operative Society, the Fixed Deposit receipts of the petitioners have been attached since the revenue is contending that they are benamidars for the respondent No.6. Now notices have been issued to the petitioners and they are also to be heard by the concerned officers. 2. This being the position, Mr.Kulkarni appearing for the petitioners makes only a limited request that the investigation may be completed at the earliest. We direct the officers concerned to finalise it at the earliest. Needless to state that in the event the petitioners are held not to be the benamidars, the amounts attached under section 281B of the Income Tax Act, 1961 will be released. 3. All petition stands disposed of. No order as to costs. (H.L. GOKHALE, J.) (J.P. DEVADHAR, J.)