Case Law β€Ί High Court β€Ί M/S.saipem India Projects Private Limite...

M/S.saipem India Projects Private Limited,Yarlagadda Towers v. The Deputy Commissioner Of Income-Tax, Corporate Circle 6(1)

High Court 08 Feb 2021 In favour of: Revenue
Forum / Bench
High Court Β· hc_cis_mas
Parties
M/S.saipem India Projects Private Limited,Yarlagadda Towers v. The Deputy Commissioner Of Income-Tax, Corporate Circle 6(1)
Date of order
08 Feb 2021
Assessment year(s)
β€”
Outcome
Dismissed

Case summary

In M/S.saipem India Projects Private Limited,Yarlagadda Towers v. The Deputy Commissioner Of Income-Tax, Corporate Circle 6(1), the High Court (2021) dismissed the appeal. The decision went in favour of the Revenue.

Summary auto-generated from the order below β€” read the full judgment for the complete reasoning.

Sections referenced in this judgment

The order β€” as passed by the High Court

IN THE HIGH COURT OF JUDICATURE AT MADRAS DATED: 08.02.2021 CORAM: THE HONOURABLE MR.JUSTICE C.SARAVANAN W.P.No.33541 of 2017andW.M.P.No.37062 of 2017 M/s.Saipem India Projects Private Limited,Yarlagadda Towers, 4, Fourth Lane,Off Nungambakkam High Road,Chennai – 600 034.Rep by its Managing Director,Fabrizio Serravaller. ... Petitioner Vs. 1. The Deputy Commissioner of Income-tax, Corporate Circle 6(1), 121, Nungambakkam High Road, Chennai – 600 034. 2. The Deputy Commissioner of Income-tax, Transfer Pricing Officer 3(1), 5[th] Floor, R.No.508, Tower – 1, BSNL Building, No.16, Greams Road, Chennai – 600 006. ... Respondents Prayer: Writ Petition is filed under Article 226 of theConstitution of India praying for the issuance of Writ ofCertiorari, to call for the records of the 1[st] Respondent andquash the impugned order Cor Cir 6(1) AAAC/7915F/2016-17 dated15 March 2017 passed by the 1[st] Respondent under Section 143(3)of the Act read with Section 144C of the Act passed in PAN:AAAC17915F for the Assessment Year 2007-2008 and also theorder of the 2[nd] respondent issued under Section 92CA of theAct dated 31 October 2016. For Petitioner: Mr.SP.Chidambaram For Respondents: Mr.A.P.Srinivas, Senior Standing Counsel https://hcservices.ecourts.gov.in/hcservices/ O R D E R The learned counsel for the petitioner submits that thiscase has been settled under the Vivad Se Vishwas Scheme andtherefore nothing survives for adjudication in the presentwrit petition and seeks permission of this Court to withdrawthis writ petition with liberty. 2.Recording the same, this Writ Petition stands dismissedas withdrawn with liberty to restore the same in case Form 5is not issued and the case is not settled under Vivad SeVishwas Scheme. No costs. Consequently, connectedMiscellaneous Petition is closed. //True Copy// Sub Assistant Registrar jas Notes:-In view of the present lock down owing to COVID-19pandemic, a web copy of the order may be utilized for officialpurposes, but, ensuring that the copy of the order that ispresented is the correct copy, shall be the responsibility ofthe advocate / litigant concerned. To 1. The Deputy Commissioner of Income-tax, Corporate Circle 6(1), 121, Nungambakkam High Road, Chennai – 600 034. 2. The Deputy Commissioner of Income-tax, Transfer Pricing Officer 3(1), 5[th] Floor, R.No.508, Tower – 1, BSNL Building, No.16, Greams Road, Chennai – 600 006.
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