The Madras High Court directed the Income Tax Department to issue appropriate instructions to the administrator of the web portal to allow uploading of the information.
The petitioner, M/s.Hermes I Tickets P Ltd. was asked for instructions as to whether the petitioner was willing to deposit any amount as a condition for setting aside the impugned order and to remit the case back to the respondents to pass a fresh de novo order.
The amount confirmed in the impugned order and having regard to the facts of the case and arguments advanced by the learned counsel for the petitioner and the defence of the learned Senior Standing Counsel for the respondents, it is discernible that the petitioner is a IATA agent engaged in booking tickets for its clients and receives advance amounts from clients for being paid to various airline companies. The advance amount which was lying in the petitioner’s account, has been added as ”an unexplained income” in the hands of the petitioner and therefore proceedings were initiated to finalise the assessment.
The petitioner has not replied to various notices issued by the Respondent. Since the assessments were getting time barred, the respondent proceeded to pass an impugned order. The amount of tax payable in terms of the impugned is a whopping amount of Rs.8,66,51,80,904/-. The petitioner submits that petitioner is neither liable to the aforesaid amount nor has wherewithal to pay the aforesaid amount.
The single bench of Justice C.Saravanan directed the official respondents shall issue appropriate instructions to the administrator of the web portal to allow the petitioner to upload the information / reply within the aforesaid period. The petitioner is directed to cooperate with the proceedings before the respondent in the re-assessment proceeding pursuant to the aforesaid order.
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