Sulzer Pumps India Private Limited v. Assistant Commissioner Of Income Tax, Circle -15(3)(2),Mumbai

(906) WP-4891.24&ORS.DOCX by LAXMIKANT GOPAL CHANDAN Date:

2025.04.23 18:17:09 +0530 LAXMIKANT GOPAL CHANDAN lgc

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION WRIT PETITION NO. 4891 OF 2024 WITH WRIT PETITION NO. 4892 OF 2024 WITH WRIT PETITION NO. 4879 OF 2024 Sulzer Pumps India Private Limited : Petitioner

Versus

Assistant Commissioner of Income Tax, Circle - 15(3)(2), Mumbai : Respondent ______________________________________________________ Mr Ravi Sawana a/w Neha Sharma and Apurva Choudhary i/by Sriram Sridharan for the Petitioner.

Mr Akhileshwar Sharma, for the Respondent.

______________________________________________________

CORAM

M.S. Sonak & Jitendra Jain, JJ.

DATED:

23 April 2025 PC:- 1.

Heard learned counsel for the parties.

2.

This concerns our judgment and order dated 20 January 2025 in Writ Petition No.4891 of 2025 and connected matters. 3.

Mr. Sharma states that the Revenue has now made rectification orders dated 17 March 2025, in terms of which, an amount of Rs.14,39,99,673/- can be released to the Petitioner, since this amount represents adjustments of amount 20% of the tax demand.

(906) WP-4891.24&ORS.DOCX 4.

Accordingly, the Prothonotary and Senior Master of this Court is directed to release the amount deposited by the Revenue to the Petitioner together with interest, if any, that shall have been accrued on that amount. This amount should be transferred to the Petitioner Bank Account. The learned counsel for the Petitioner states that the details of the Bank Account will be furnished as soon as possible. 5.

Praecipe for release of the amount is disposed of in the above terms.

(Jitendra Jain, J) (M.S. Sonak, J)