GUJARAT PETROSYNTHESE LIMITED vs. DEPUTY COMMISSIONER OF INCOME TAX

IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 30TH DAY OF OCTOBER 2015 BEFORE THE HON’BLE MR. JUSTICE RAM MOHAN REDDY WRIT PETITION NO.37344/2015(T-IT)

BETWEEN:

GUJARAT PETROSYNTHESE LIMITED, NO.24, II MAIN, DODDANEKKUNDI, INDUTRIAL AREA, PHASE I, MAHADEVAPURA POST, BENGALURU – 560 048 REPRESENTED BY ITS DIRECTOR, DR.RAMESHCHANDRA M. THAKKAR,

…PETITIONER (BY SRI H.MUJTABA, ADV.,)

AND:

INCOME TAX, CIRCLE 3(1) (2)

BENGALURU – 560 001.

INCOME TAX-III,

BENGALURU – 560 001.

OF INCOME-TAX, BENGALURU,

(ALL HAVING THEIR OFFICE

ADDRESS AT CENTRAL REVENUE BUILDING,

QUEENS ROAD,

BENGALURU – 560 101.

THROUGH MINISTRY OF FINANCE,

NORTH BLOCK,

NEW DELHI – 110 001.

…RESPONDENTS

(BY SRI JEEVAN. J. NEERALGI, ADV., FOR R1 TO R3)

THIS WRIT PETITION IS FILED UNDER ARTICLES 226 & 227 OF THE CONSTITUTION OF INDIA PRAYING TO DIRECT THE RESPONDENTS TO FORTHWITH GIVE DUE EFFECT TO THE ORDER OF THE HON’BLE HIGH COURT OF GUJARAT DATED 05.11.2014 PASSED IN TAX APPEAL NO.708 OF 2005 VIDE ANN-K AND THERBY REFUND A SUM OF RS.1,98,82,287/- DUE TO THE PETITIONER TOGETHER WITH INTEREST THEREON IN ACCORDANCE WITH THE INCOME TAX ACT.

THIS WRIT PETITION COMING ON FOR PRELIMINARY HEARING IN ‘B’ GROUP THIS DAY, THE COURT MADE THE FOLLOWING:

O R D E R

Recording the submission of Sri Jeevan N Neeralagi, learned standing counsel for respondent Income Tax department that payment order over dues to the petitioner is in process, as the files relating to petitioner’s assessment were transferred from Gujarat

State to Karnataka State, it is reasonable to extend two weeks time. Compliance by 13th November 2015.

Petition stands disposed of.

Sd/- JUDGE