UJJAL BHUYAN, CHILLAKUR SUMALATHA
Nexus Feeds Limited – Appellant
Versus
Assistant Commissioner of Income Tax – Respondent
JUDGMENT :
Ujjal Bhuyan, J.
Heard Mr.C.V.Narasimham, learned counsel for the petitioners and Mr.T.Suryakaran Reddy, learned senior counsel and Additional Solicitor General of India assisted by Mr. B.Narasimha Sarma, learned counsel for the respondents.
2. Subject matter of all the writ petitions being identical, those were heard together and are being disposed of by this common judgment and order.
3. W.P.No.11680 of 2021 was argued as the lead case and therefore facts narrated in the said writ petition would be referred to for the sake of convenience.
4. Challenge made in this writ petition is to the legality and validity of the order dated 30.03.2021 passed by the first respondent.
5. Be it stated that order dated 30.03.2021 has been passed by the first respondent under Section 24 (4) (a) (i) of the Prohibition of Benami Property Transactions Act, 1988.
6. By the aforesaid impugned order, first respondent has come to the conclusion that the transaction in question was arranged and executed in a planned manner by M/s. Nexus Feeds Limited, the petitioner, which has been treated as th
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