Wp/31826/2021 Of Apr Jewellers Private Limited ( v. The Commissioner Of Income Tax

HIGH COURT FOR THE STATE OF TELANGANA AT HYDERABAD(Special Original Jurisdiction) FRIDAY, THE THIRD DAY OF DECEIVBERTWO THOUSAND AND TWENTY ONE PRESENT THE HONOURABLE SRI JUSTICE UJJAL BHUYANAND THE HONOURABLE SMT JUSTICE P. MADHAVI DEVI WRIT PETITION NO: 31826 OF 2021 Between: Apr Jewellers Private Limited (Pan No. ), Rep.Sri Rama Krishna Reddy Ambati, Office at H.No.3 - 6 - 290,Sai Tirumala Towers, Opp. Hotel Central Park, Hyderguda, by its lvlanaging DirectorFlat No.3, Ground Floor,Hyderabad -500029. ..,PETITIONER AND 1 . The Commissioner of lncome Tax, (Appeals) Hyderabad - l. 2. The lncome Tax Officer, Ward 1(2), lncome Tax Department, Hyderabad.3. State Bank of lndia, City Center Branch, Rep. By its Branch Manager, RoadNo.1, Banjarahills, Hyderabad3. State Bank of lndia, City Center Branch, Rep. By its Branch Manager, RoadNo.1, Banjarahills, Hyderabad 4. State Bank of lndia, Tadipatri Branch, Rep. By its Branch Manager, H.No.15-658,R.F.Road, Tadipatri, Anatapuramu District, A.P.R.F.Road, Tadipatri, Anatapuramu District, A.P. .,.RESPONDENTS Petition under Article 226 of lhe Constitution of lndia [praying ]that in thecircumstances stated in the affidavit filed therewith, the High Court may be [pleased ]topass an order or orders or a writ more particularly one in the nature of Writ ofItrlandamus and declare the action of the Respondent No.1 in not disposing theAppeal dt. 2010112020 and Stay Petition dt.O510412021 filed by the Petitioner againstthe Assessment DIN and Order No.ITBA/AST/S/143(3y2019 - 2011022824094(1) dl.2111212019 of the Respondent No.2 and further declare the action of the RespondentNo.1 in issuing Notices d|.2310112020 and d1.2010212020 under Sec.226(3) of [lT ][Act]to the Respondent No.3 and 4 and subsequent recovery [proceedings ][during ][the]pendency of Appeal and stay petition of the Petitioner before the Respondent No.1 asillegal, arbitrary and against Principles of Natural Justice and in violation of [Article ][14]and 19(1)(g) of the Constitution of lndia and consequently set aside the AttachmentNotice No.|TBA/RCV/S/226(3)_112019-2011024172573 [(1) ]dt.2310112020 [and ][Notice]No ITBA/COM/F I 17 12019-201 102547 4605(1) d|.2010212020, lA NO: 1 OF 2021 Petition under Section 151 CPC [praying ]that in the circumstances stated [in the]affidavit filed in support of the [petition, ]the High Court may be [pleased ]to stay [of ][all]further recovery proceedings of the Respondent No.2 till the disposal of [the ][Appeal]pending before the Respondent No.1 .lA NO: 2 OF 2021 Petition under Section 151 CPC [praying ]that in the circumstances stated [in the]affidavit filed in support of the [petition, ]the High Court may be [pleased ][to ][suspend the] Attachment Notice No.lT 3A/RCV/S/226(3)_112019-2011024172573(1) ci.23t 0112020issued by the Responder t No.2 to the Respondent No.3.lA NO: 3 OF 2021 Petition under Sec ion ['1 ]51 CPC praying that in the circumstancer; stated in theaffidavit filed in support o the petition, the High Court may be pleased to suspend theNotice No.lTBA/COM/F, 1712O19-2011025474605(l) dl.2Ol02l2O20 iss;ued by theRespondent No.2 to the I lespondent No.4. Counsel for the Petition(,rs: SRI S. CHAKRAPANI FORSRI. CHALLA GUNARANJAN Counsel for the Responr lent Nos.1 & 2: SRI B. NARASISMHA SARMA, SENIORS.C. FOR INCOME TAX l,EPARTMENT FOR A. RADHA KRISHNA Counsel for the Responr ent Nos.3 & 4: M/s. PEARL LAW ASSOCIATE:S The Court made the follr wing: ORDER HONOURABLE SRI JUSTICE ANDHONOURABLE SMT. JUSTICE [P. ] W.P.No.31826 OF 2021 . [fpn, gon'ble ][SriJusrice Lliial ][Bhuyan)] Heard Mr.S.Chakrapani, [learned ][counsel ][representing]Mr.Challa Gunaranjan, [learned ][counsel ][for ][the ][petitioner ][and]Mr.B.Narasimha Sartra, learned [Senior ][Standing Counsel ][lbr ][the]lncome ['l'ax ]Depaftrlent for [re ][spondents ][Nos. ] [and ][2.] Counsel for the Petition(,rs: SRI S. CHAKRAPANI FORSRI. CHALLA GUNARANJAN Counsel for the Responr lent Nos.1 & 2: SRI B. NARASISMHA SARMA, SENIORS.C. FOR INCOME TAX l,EPARTMENT FOR A. RADHA KRISHNA Counsel for the Responr ent Nos.3 & 4: M/s. PEARL LAW ASSOCIATE:S The Court made the follr wing: ORDER HONOURABLE SRI JUSTICE ANDHONOURABLE SMT. JUSTICE [P. ] W.P.No.31826 OF 2021 . [fpn, gon'ble ][SriJusrice Lliial ][Bhuyan)] Heard Mr.S.Chakrapani, [learned ][counsel ][representing]Mr.Challa Gunaranjan, [learned ][counsel ][for ][the ][petitioner ][and]Mr.B.Narasimha Sartra, learned [Senior ][Standing Counsel ][lbr ][the]lncome ['l'ax ]Depaftrlent for [re ][spondents ][Nos. ] [and ][2.] 2. Petitioner is an assessee under the [Income ][Tax ][Act, ] [961](briefly, 'the Act' hereinafter), assessed to tax [within ][the ][jurisdiction]of respondent No.2. 3. For the assessment year 2017-18, [respondent ][No.2 ][passed the]assessment order dated 21.12.2019 [under ][Section ][1a3(3) ][of ][the ][Act]making additions under Section [69-,4' ][of ][the ][Act ][and ][thereafter]assessed the income of the [petitioner ][at ][Rs.1,50,03,952.00, ][as against]income returned by the petitioner [at ][Rs.1,78,860.00.] 4. Aggrievcd by the albresaid [order ][of ][assessment, ][petitioner ][has]filed appeal befbre the Commissioner [of ][Income ][Tax ][(Appeals),]Hyderabad-l i.e., respondent No. I [on ][20.01.2020. ]['l-he said appeal ][is]presently pending lbr hearing. 5. In the tneanwhile, demand notices [were ][issued ][to ][the ][petitioner]which were {bllowed by garnishee notices. In [such ][situation,]petitioner filed a stay petition dated 05.04.2021 before the [Appellate] i I Authority i.e., espondent No.1. With the grievance that the said staypetition has no been taken up for consideration, but at the :;ame timepetitioner is fa :ing the demand with gamishee notices. prr:sent writpetition has bee n filed. 6. After he rring learned counsel for the parties an(l on dueconsideration. ' ie are ol-the view that it would meet the ends ofjusticeila direction is issued to the Appellatc Authority i.c., rcspon,Cent No. Ito take up the s ay petition o1'the petitioner dated 05.04.202 I and passappropriate orc:rs thereon in accordance with larr,. \\'e' erre ol thefurrher opinion that the said stay'peririon should be decidecl w'ithin aperiod ol six u eeks lrom the date of receipt ol a copy of this orderTill such time the dernand pursuant to assessment order dated21.12.2019 sha I remain stayed. 7. Writ peti ion is disposed of. 8. Miscellar eous applications, if any pending, shall stand closed 9. No costs SD/. T.TIRUMALA DEVIASSISTANT REGISTRAR //TRUE COPY// \-- SECTION OFFICER To,2 1. The Commissioner of lncome Tax, (Appeals) Hvderabad - The rncome Tax o 'icer. ward 1(21,'rriiom;i;i Deparrment, l.Hvderabad.2 1. The Commissioner of lncome Tax, (Appeals) Hvderabad - The rncome Tax o 'icer. ward 1(21,'rriiom;i;i Deparrment, l.Hvderabad.3. The Branch Manac rr, state Bani 6i i"oi, citv'b";i"; ii;;;;h' 'A;;;xt::1Banjarahills, Hvdei rbad4. The Branch Minao .rr, State Bank of lndia, Tadipatri Branch. H.No.15_658,_ ! [oad, [Tadipari ][enatiprra., ]ol;;;;i. A:F'b. Une CC to Sri Chal a Gunaranjan, Advocate 6. one cc to Sri B. N, rrasimha s'irmr, s"nioidlc. ioi'tn"or" tOpUClTax DepartmentloPUcl8. I. One Qn" CC to M/s. [to ][Sri ][A. ]pei [R; ]rt [dha ]Law [Krishna, ]Asao;iai;a;l;io,"-"t"-1cjeuclAdvocate tOpUCl9. Two CD CooiesBanjarahills, Hvdei rbad4. The Branch Minao .rr, State Bank of lndia, Tadipatri Branch. H.No.15_658,_ ! [oad, [Tadipari ][enatiprra., ]ol;;;;i. A:F'b. Une CC to Sri Chal a Gunaranjan, Advocate 6. one cc to Sri B. N, rrasimha s'irmr, s"nioidlc. ioi'tn"or" tOpUClTax DepartmentloPUcl8. I. One Qn" CC to M/s. [to ][Sri ][A. ]pei [R; ]rt [dha ]Law [Krishna, ]Asao;iai;a;l;io,"-"t"-1cjeuclAdvocate tOpUCl9. Two CD Cooies 10. One Spare boov CHR{tlr HIGH COURT DATED:0311212(21