Wp/776/2025 Of Xl Energy Limited v. Income Tax Department

HIGH COURT FOR THE STATE OF TELANGANAAT HYDERABAD(Special Original Jurisdiction) THURSDAY, THE NINTH DAY OF JANUARYTWO THOUSAND AND TWENW FIVE PRESENT THE HONOURABLE SRI JUSTICE SUJOY PAULAND THE HONOURABLE OR. JUSTICE G.RADHA RANI WR]T PETITIO N NOS: 776 AND 921oF 2025 W.P.No.776 of 2025 Between: X-L Energy Limited, Represented by its Director Mr. Naresh Jain Having itsoffice at H.No. 19.66/11lD4, Laxmipuram Cotony, Opp. Dr. n.S. nao Naiai,-E-Cl!, [Kapra, ][Rangareddi, ][Hyderabad, Tetangana ][_ ] office at H.No. 19.66/11lD4, Laxmipuram Cotony, Opp. Dr. n.S. nao Naiai,-E-Cl!, [Kapra, ][Rangareddi, ][Hyderabad, Tetangana ][_ ] 2Ms. Karishma Jain, D/o Naresh Jain, Aged about 31 years, No 1201,12thFloor, Sumer Trinity, Tower 1, New prabhadevi Road, Near Samna preqs,Mumbai -400025.-400025.Floor, Sumer Trinity, Tower 1, New prabhadevi Road, Near Samna preqs,Mumbai -400025.-400025. Mumbai -400025.-400025.3 M/s Jupiter city Deveroper (r) Limited, Represented by its Director Mr. NareshJain Having its office at [premises ]No.2, 1st Froor, Rahimtoora House, 7, iomj;Street, Fort, Mumbai, Maharashtra - 4OOOOIJain Having its office at [premises ]No.2, 1st Froor, Rahimtoora House, 7, iomj;Street, Fort, Mumbai, Maharashtra - 4OOOOI4 M/s Adwaita Navigations private Limited, Represented by its Authorisedsignatory Mr. Naresh Jain Having its office at t\ianjuraben Haridas Lar, GrainMarket Tin Danivaja, Jamnagar, Gujarat _ 36.lOO1 .signatory Mr. Naresh Jain Having its office at t\ianjuraben Haridas Lar, GrainMarket Tin Danivaja, Jamnagar, Gujarat _ 36.lOO1 . .....PETITIONERS AND 1. Income Tax Department, Rep. by principar chief commissioner of rncomeTax. Andhra Pradesh and. Telangana, loth Floor, [,D'Block, ]10_2-3, lT Towers,AC Guards, Masab Tank,Hyderabad 5O0004.Tax. Andhra Pradesh and. Telangana, loth Floor, [,D'Block, ]10_2-3, lT Towers,AC Guards, Masab Tank,Hyderabad 5O0004. 5O0004.2. ofrrce of the commissioner of rnmme Tax (Appears), 1o-2-3, rr rorarers, ACGuards, Masab Tank, Hyderabad - SO0OO4.SO0OO4.Guards, Masab Tank, Hyderabad - SO0OO4.SO0OO4. Hyderabad - SO0OO4.SO0OO4.3' of{ice of the lncome Tax _ofFrcer, ward 17(1), Hyderabad, signature Torivers,!V [lto. ][O(f), ][Kondapur, Sy. ][tr{o. ][37(p) of ][Kothaguda, Opp. ][B-otanicat]Ga.rdens, Serlingampally Mandal, Ranga Reddy Diskict, ityderabad,Telangana - 500084.!V [lto. ][O(f), ][Kondapur, Sy. ][tr{o. ][37(p) of ][Kothaguda, Opp. ][B-otanicat]Ga.rdens, Serlingampally Mandal, Ranga Reddy Diskict, ityderabad,Telangana - 500084. Telangana - 500084.a lnion of lndia, Rep. by its Secretary, Ministry of Finance, No(h Btoc*, NewDelhi.Delhi. 5. Yes Eank Limited, Yes Bank House off western Express Highway, santacruz(East), Mumbai - 400055.(East), Mumbai - 400055. petition Under Articte 226 of the consritution of tndia ;*=r:t3LT^11:circumstances stated in the affidavit filed therewith, the High court may bepleased to grant an order, direction or writ, more so in nature of Mandamus, A) Telangana - 500084.a lnion of lndia, Rep. by its Secretary, Ministry of Finance, No(h Btoc*, NewDelhi.Delhi. 5. Yes Eank Limited, Yes Bank House off western Express Highway, santacruz(East), Mumbai - 400055.(East), Mumbai - 400055. petition Under Articte 226 of the consritution of tndia ;*=r:t3LT^11:circumstances stated in the affidavit filed therewith, the High court may bepleased to grant an order, direction or writ, more so in nature of Mandamus, A) Declaring the action of the Respondent No. 3 in issuing the lmpugned Noticeunder Section 226 (3) of the lncome Tax Act, 1961 vide DIN and Notice No.under Section 226 (3) of the lncome Tax Act, 1961 vide DIN and Notice No.ITBtuCOM/F/1712024- 2511071029447(1) dated 09.12.2024 to the RespondentNo. 5 attaching the Petitioner No.1 s Bank Accounts bearing Account Nos.440300142919, 440300140792, 440300142806, 440300142886,42240300003046, 440300142896, 440300142826, 440300142866,440 30 0 1 42 8 1 6, 44030 0'.1 4287 6, 4 40300't 42836, 440300 1 427 93, 4 40300 1 42929,440300'142856, 440300140782, 440300142909, 440300142846 andNo. 5 attaching the Petitioner No.1 s Bank Accounts bearing Account Nos.440300142919, 440300140792, 440300142806, 440300142886,42240300003046, 440300142896, 440300142826, 440300142866,440 30 0 1 42 8 1 6, 44030 0'.1 4287 6, 4 40300't 42836, 440300 1 427 93, 4 40300 1 42929,440300'142856, 440300140782, 440300142909, 440300142846 and440300140772 maintained with Respondent No.5 as illegal, arbitrary,unconstitutiona l, issued without jurisdiction, issued without application of mindand in violation of the settled principles of by the Hon'ble Supreme Court and toset aside the sameunconstitutiona l, issued without jurisdiction, issued without application of mindand in violation of the settled principles of by the Hon'ble Supreme Court and toset aside the same LA.NO:1 OF 2025 Petition Under Section 151 CPC praying that in the circumstances stated inthe affidavit filed in support of the petition, the High Court may be pleased tosuspend the lmpugned Notice issued by the Respondent No. 3 under Section 226(3) of the lncome Tax Acr, 1961 vide DIN and Notice No. ITBA/COMtFt\'7t2)24-2511071029447(1) dated 09.12.2024 to the Respondent No. 5 attaching thePetitioner No.1's Bank Accounts bearing Account Nos. 44O3OO142g1g440300140792, 440300142806, 440300142886, 42240300003046.440300 1 42896, 4403001 42826, 440300 1 42866, 4403001 428 1 6, 440300 1 42876.44 0 300 1 4 2 836, 4 4 0 30 0 1 427 I 3, 4 40300 1 42929, 440300 1 42856, 4 4o3o1 1 407 824403001 42909, 44O30O1 42846 and 4403001 40772 maintained with RespondenrNo.5, in the interest of justrce, pending disposal of the writ petition. Counsel for the Petitioners : SRI KARAN TALWAR, ADVOCATE FORSRI ROHIT POGULA Counsel for the Respondent Nos.l to 3 : SMT J.SUNITHA (JUNIOR SC FORtNcoME TAX) Counsel for the Respondent No.4 : SRI B.MUKHERJEE, COUNSELREPRESENTING SRI GADI PRAVEEN KUMAR, DEPUW SOLICITOR GENERALOF INDIA Counsel for the Respondent No.S : - W.P.NO: 921 OF 2025 Between: 1. XL Energy Limited, Represented 5y its Di{ector Mr. Naresh Jain Having itsoffice at H.No. 19-66/11/D4, Lamripuram 6lony, Opp. Dr. A.S. Rao l,lagar,ECIL, Kapra, Rangareddi, Hyderabad, Telangana - 500062.office at H.No. 19-66/11/D4, Lamripuram 6lony, Opp. Dr. A.S. Rao l,lagar,ECIL, Kapra, Rangareddi, Hyderabad, Telangana - 500062. 2. Ms. Karishma Jain, D/o Naresh Jain, Aged about 31 years, Fl/o 1201, 12thFloor, Sumer Trinity, Tower 1, l'lew Prabhadevi Road, Near Samna Press,Mumbai - 400025.Floor, Sumer Trinity, Tower 1, l'lew Prabhadevi Road, Near Samna Press,Mumbai - 400025. 3. M/s Jupiter City Developer (l) Limited, Represented by its Director Mr. NareshJain Having its office at Premises No.2, 1st Floor, Rahimtoola House, 7, HomjiStreet, Fort, Mumbai, Maharashtra - 400001Jain Having its office at Premises No.2, 1st Floor, Rahimtoola House, 7, HomjiStreet, Fort, Mumbai, Maharashtra - 400001 2. Ms. Karishma Jain, D/o Naresh Jain, Aged about 31 years, Fl/o 1201, 12thFloor, Sumer Trinity, Tower 1, l'lew Prabhadevi Road, Near Samna Press,Mumbai - 400025.Floor, Sumer Trinity, Tower 1, l'lew Prabhadevi Road, Near Samna Press,Mumbai - 400025. 3. M/s Jupiter City Developer (l) Limited, Represented by its Director Mr. NareshJain Having its office at Premises No.2, 1st Floor, Rahimtoola House, 7, HomjiStreet, Fort, Mumbai, Maharashtra - 400001Jain Having its office at Premises No.2, 1st Floor, Rahimtoola House, 7, HomjiStreet, Fort, Mumbai, Maharashtra - 400001 4. M/s Adwaita Navigations Private Limited, Represented by its AuthorisedSignatory Mr. Naresh Jain Having its office at Manjulaben Haridas Lal, GrainMarket Tin Darwaja, Jamnagar, Gujarat - 361001......PETITIONERSSignatory Mr. Naresh Jain Having its office at Manjulaben Haridas Lal, GrainMarket Tin Darwaja, Jamnagar, Gujarat - 361001......PETITIONERS AND 1 . lncome Tax Department, Rep. by Principal Chief Commissioner of lncomeTax, Andhra Pradesh and Telangana, 1Oth Floor, D Block, ['10-2-3, ]lT Towers,AC Guards, Masab Tank, Hyderabad - 500004.Tax, Andhra Pradesh and Telangana, 1Oth Floor, D Block, ['10-2-3, ]lT Towers,AC Guards, Masab Tank, Hyderabad - 500004. 2. Olfie of the Commissioner of lncome Tax (Appeals), ['10-2-3, ]lT Towers, ACGuards, Masab Tank, Hyderabad - 500004.Guards, Masab Tank, Hyderabad - 500004. 3. Office of the lncome Tax Officer, Ward 17(1), Hyderabad, Signature l0wers:Sy. No.6(P), Kondapur, Sy. No. 3(P) of Kothaguda, Opp. BotanicalGardens, Serlingampally Mandal, Ranga Reddy District, Hyderabad,Telangana - 500084.Sy. No.6(P), Kondapur, Sy. No. 3(P) of Kothaguda, Opp. BotanicalGardens, Serlingampally Mandal, Ranga Reddy District, Hyderabad,Telangana - 500084. 4. Union of lndia, Rep. by its Secretary, Ministry of Finance, North 8lock. NewDelhiDelhi 5- The Branch Manager, lndian Bank, Mumbai-Fort, #37, Mumbai SamacharMarg, Post Box No. 282, Allahabad Bank Euilding, Mumbai, Maharashtra -400023.Marg, Post Box No. 282, Allahabad Bank Euilding, Mumbai, Maharashtra -400023. .....RESPONDENTS Petition Under Article 226 of lhe Constitution of lndia praying that in thecircumstances stated in the affidavit filed therewith, the High Court may bepleased to grant an order, direction or writ, more so in nature of Mandamus, A)Declaring the action of the Respondent No. 3 in issuing the lmpugned Noticeunder Section 226 (3) of the lncome Tax Act, 196'1 vide DIN and Notice No.ITBA/COM/F/1712024-2511070982360(1) daled 6.12.2024 to the RespondentNo. 5 attaching the Petitioner No.1st Current Bank Account bearing Account No. and IFSC Code lDlB000F523 maintained with lndian Eank as illegal,arbitrary, u nconstitutional, issued without [jwisdiction, ]issued without application ofmind and in violation of the setfled princples of by the Honble Supreme Court andto set aside the same, B) Direct the Respondent No. 2 is dispose off the appealsdated 27 .09.2024 filed by the Petitioner No. 1 against the Orders of the Respondent No.1 dated 19.O9.2024 and 23.09.2024 in an expeditious manner, C)Direct Respondent Nos. ['l ]and 3 not to take coercive steps pursuant to Ordersdated 19.09.2024 and 23.09.2024 while appeats dated 27.09.2024 tited byPetitioner No.1 are pending adjudication by the Respondent No.2. !.A.NO:1 OF 2025 Petition Under Section 151 CPC praying that in the circumstances stated inthe affidavit filed in support of the petition, the High Court may be pleased todirect the Respondent Nos. 1 and 3 not to take coercive steps pursuant to Ordersdated 19.09.2024 and 23.O9.2024, in the interest of justice, pending disposal ofthe writ petition. |.A.NO:2 OF 2025 Respondent No.1 dated 19.O9.2024 and 23.09.2024 in an expeditious manner, C)Direct Respondent Nos. ['l ]and 3 not to take coercive steps pursuant to Ordersdated 19.09.2024 and 23.09.2024 while appeats dated 27.09.2024 tited byPetitioner No.1 are pending adjudication by the Respondent No.2. !.A.NO:1 OF 2025 Petition Under Section 151 CPC praying that in the circumstances stated inthe affidavit filed in support of the petition, the High Court may be pleased todirect the Respondent Nos. 1 and 3 not to take coercive steps pursuant to Ordersdated 19.09.2024 and 23.O9.2024, in the interest of justice, pending disposal ofthe writ petition. |.A.NO:2 OF 2025 Petition Under Section 151 CPC praying that in the circumstances stated inthe affidavit filed in support of the petition, the High Court may be pleased tosuspend the lmpugned Notice issued by the Respondent No. 3 under Section 226(3) of the lncome Tax Act, 1961 vide DIN and Notice No. ITBA/COMtFt17t2124-2511070982360(1) dated 06J22024 to the Respondent No.S attaching thePetitioner No 1's Current Bank Account bearing Account No. 7812795d47 ahdIFSC Code lDlB000F523 maintained with lndian Bank, in the interest of justice,pending disposal of the writ petition. Counsel for the Petitioners : SRI KARAN TALWAR, ADVOCATE FORSRl ROHIT POGULA Counsel for the Respondent Nos.l to 3 : SMT J.SUNITHA (JUNIOR SC FORlNcoME TAX)lNcoME TAX) Counsel for the Respondent No.4 : SRI B.MUKHERJEE, COUNSELREPRESENTING SRI GADI PRAVEEN KUMAR, DEPUW SOLICITOR GENERALOF INDIA -Counsel for the Respondent No.5 : The Court made the following COMMON ORDER THE HONOURABLE AND THE HON'BLE Dr. JUSTICE [G. RADHA RANI]WRIT PETITION N[os.776 ][&,92L ][of ][2025] COMMON ORDER[(per ]Hon'ble [SP,J)] Sri Karan Talwar, [learned counsel representing ][Sri ][Rohit] learned counsel [for the ][petitioners; ][Ms. ][J'Sunitha,]Pogula, learned Junior Standing [Counsel ][for ][Income ][Tax ][Department]and Sri B. [Mukherjee, ][learned counsel ][representing ][Sri ]['Gadi]Praveen Kumar, [learned Deputy ][Solicitor ][General of ][India'] Regard being had to the had to the to the the [[similitude ][of ][the ][q"ttiot"]][[of ][the ][q"ttiot"]][[the ][q"ttiot"]][[q"ttiot"]] 2. Regard being had to the had to the to the the [[similitude ][of ][the ][q"ttiot"]][[of ][the ][q"ttiot"]][[the ][q"ttiot"]][[q"ttiot"]]involved, on the [joint ][request ][of ][learned ][counsel ][for ][the ][parties,]the matters [u'ere ][analogously heard.] Learned counsel for the for the [[petitioners ][fairly ][submits that]][[fairly ][submits that]][[submits that]] 3. Learned counsel for the for the [[petitioners ][fairly ][submits that]][[fairly ][submits that]][[submits that]]the [Assessment ][Order(s), ][the ][petitioners have ][already]against preferred appeal(s). The said [appeal(s) ][is/are ][pending ][and ][the]petitioners have not filed any stay [application(s) before ][the]appellate authority. [He, ][after arguing ][for ][some ][time, ][seeks ][to]withdraw these petitions with liberty [to ][file ][appropriate ][stay]apptication (s) before [the ][appellate ]/ [competent ][authority'] 4. The other side has no objection [to ][this ][innocuous ][praver] The Writ petitions are dismissed as withdrawn with the 5 liberty prayed for. However, inthe interest of justice, it isobserved that if any such interimstay application(s) is/are filedby the petitioners in accordance tvith law, theappellate/competent authority shall make endeavour to decidethe same expeditiously. It is made clear that this Court has notexpressed any opinion on the merits of the cases. As a sequel, miscellaneous petitions pending, if any,shall stand closed. \SD/- S.MALLIKARJURAOASSISTANT REGTRAR /,TRUE COPY// SECTION OFFICER To1. One CC to SRI ROHIT [POGULA, Advocate ] 2. One CC to SMT J.SUNITHA, [Advocate ][OPUCI3. One CC to SRI GADI [KUMAR, DEPUTY SOLICITOR ] oF INDrA (OPUC)4. Two CD CopiesSAPSKv HIGH COURT DATED:0910112025 The Writ petitions are dismissed as withdrawn with the 5 liberty prayed for. However, inthe interest of justice, it isobserved that if any such interimstay application(s) is/are filedby the petitioners in accordance tvith law, theappellate/competent authority shall make endeavour to decidethe same expeditiously. It is made clear that this Court has notexpressed any opinion on the merits of the cases. As a sequel, miscellaneous petitions pending, if any,shall stand closed. \SD/- S.MALLIKARJURAOASSISTANT REGTRAR /,TRUE COPY// SECTION OFFICER To1. One CC to SRI ROHIT [POGULA, Advocate ] 2. One CC to SMT J.SUNITHA, [Advocate ][OPUCI3. One CC to SRI GADI [KUMAR, DEPUTY SOLICITOR ] oF INDrA (OPUC)4. Two CD CopiesSAPSKv HIGH COURT DATED:0910112025 1 Ht. [s'( ][.. ][,]'5oCOMMON ORDERo0 6 I - ,;'.WP.Nos.776 AND 921 ot 2025 DISMISSING BOTH THE WRIT PETITIONSAS WITHDRAWN WITHOUT COSTS. ttrt4',