TMI Blog2020 (4) TMI 726X X X X Extracts X X X X X X X X Extracts X X X X ..... in accordance with law. Both the petitions are disposed of alongwith the pending applications in terms of the aforesaid statement made by the learned Senior Standing Counsel of the respondent/Department and the order passed above. - W.P.(C) 2981/2020 & C.M. Nos.10339-41/2020 and W.P.(C) 2984/2020 & C.M. Nos.10347-49/2020 - - - Dated:- 22-4-2020 - HON'BLE MS. JUSTICE HIMA KOHLI AND HON'BLE MR. JUSTICE SUBRAMONIUM PRASAD Petitioner Through: Mr. Deepak Chopra and Mr. Abhimanyu Chopra, Advocates. Respondent Through: Mr. Sunil Agarwal, Sr. Standing Counsel with Mr. Tushar Gupta, Advocate. O R D E R 1. The matters have been heard through Video Conferencing. 2. W.P. (C) 2981/2020 has been filed by the petitione ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ks quashing of the penalty proceedings initiated by the respondent/Income Tax Department under Section 271C of the Act, pursuant to passing of the order dated 26.3.2020. 4. The gravamen of the grievance raised in both the petitions is that the respondent has acted with undue haste in passing the impugned orders in both the matters knowing very well that the Notices to show cause was issued to the petitioner on 17.3.2020, calling upon it to show cause as to why proceeding should not be initiated against it under Section 201 (1) (1A) of the Act and for seeking necessary explanation from the petitioner on or before 20.3.2020. Mr. Chopra, learned counsel for the petitioner submits that in response to the show cause notices dated 17.3.2020, i ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... rwal, learned Senior Standing Counsel of the respondent/Department submits on advance instructions that the respondent will withdraw the impugned orders dated 26.3.2020 passed in respect of the petitioner for the Assessment Years 2012-13 and 2013-14 and all consequent orders and shall afford an opportunity to the petitioner to reply to the Show cause notices dated 17.3.2020. 8. Immediately after the lockdown is withdrawn by the Government, a period of two weeks reckoned therefrom is granted to the petitioner to reply to the Notices to the show cause issued by the respondent. Immediately after receiving replies to the Notices to show cause, the respondent shall be at liberty to take further steps in both the matters, in accordance with la ..... X X X X Extracts X X X X X X X X Extracts X X X X
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