Shri. Ashok Munilal Jain,2. Shri. Mahaveer Kumar v. Deputy Director Of Income Tax (Investigations)Unit 1 (1), Room

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 2017andW.M.P.Nos.2602, 2603,4044 and 4045 of 2017 1. Shri. Ashok Munilal Jain,2. Shri. Mahaveer Kumar .. Petitioners Vs. 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... Respondent Prayer: Writ petition filed under Article 226 of theConstitution of India praying for issuance of Writ of Mandamusor any appropriate writ, order or direction, directing therespondent, to forthwith sell the gold bullion seized from thepremises of the petitioners and to credit the seized cash andthe sale proceeds of the seized gold bullion on account ofpetitioner no.1 towards tax, surcharge and penalty payable bythe petitioner no.1 to credit 25% of the undisclosed incometowards deposit in the PMGKY (Pradhan Mantri Garib KalyanDeposit) Deposit scheme for a lock-in period of 4 years, and toreturn the remaining balance amount to the Petitioner no.1 inaccordance with the said Scheme upon filing of a declarationprescribed under the said scheme subject, of course, tofulfilment by the petitioners, of all the stipulations andincidents of the said scheme and the procedure prescribed inthis regard. For Petitioner : Mr.G.Derrick Sam G. Vijayabalan For Respondent : Mr.A.P.Srinivas Senior Panel counsel The learned counsel for the petitioner seeks permission ofthis Court to withdraw this Writ Petition. He has also made anendorsement to that effect. In view of the endorsement made by the learned counsel forthe petitioner, this Writ Petition is dismissed as withdrawn. Nocosts. Consequently, connected Miscellaneous Petitions areClosed. Sd/- Assistant Registrar(CS VI) //True Copy// Sub Assistant Registrarsli/pbnToDeputy 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 2017AR(CS VI)CS/03/08/17