{"id":19030,"date":"2021-06-07T12:10:52","date_gmt":"2021-06-07T06:40:52","guid":{"rendered":"https:\/\/itatonline.org\/digest\/g-subramaniam-v-itsc-2020-274-taxman-437-mad-hc\/"},"modified":"2021-06-07T12:10:52","modified_gmt":"2021-06-07T06:40:52","slug":"g-subramaniam-v-itsc-2020-274-taxman-437-mad-hc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/g-subramaniam-v-itsc-2020-274-taxman-437-mad-hc\/","title":{"rendered":"G. Subramaniam v. ITSC (2020) 274 Taxman 437 (Mad.)(HC)"},"content":{"rendered":"<h6>Search conducted in case of assesse petitioner led to seizure of unaccounted cash and fixed deposits.\u00a0 Petitioner opted to settle their income tax dispute before Settlement Commission.\u00a0 Settlement Commission had directed that seized cash would be adjusted against additional tax payable by them. Settlement Commission also directed Assessing Officer to adjust seized amount towards interest payable by assessee.\u00a0 However the Assessing Officer has not properly calculated the tax payable. The assessee filed rectification application before Settlement Commission m which was pending. Meanwhile the assessee filed writ petition and contended that\u00a0 if amounts were adjusted, then, interest computed would not have been payable by them and that it had approached Settlement Commission for rectification of mistake but no orders had been passed in those applications.\u00a0 Settlement Commission was directed to dispose the application with in four weeks from the receipt of the order. Writ petition is held to be premature matter remanded.\u00a0 (A.Y. 1999-2000)<\/h6>\n","protected":false},"excerpt":{"rendered":"<p>S. 245D : Settlement Commission-Application for rectification of mistake  was pending but no orders had been passed-Settlement Commission was directed to pass an order with in four weeks from the receipt of the order-Writ is held to be premature. [Art. 226] <\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[],"class_list":["post-19030","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-4WW","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/19030","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=19030"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/19030\/revisions"}],"predecessor-version":[{"id":19031,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/19030\/revisions\/19031"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=19030"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=19030"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=19030"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}