Writ relief against show cause notices is available where jurisdiction is absent and concluded advance rulings cannot be reopened without fresh fraud ...
Section 80P business attribution: ITAT allows deduction on investment interest and ancillary receipts, but excludes staff-loan and other non-eligible ...
Writ petition seeking mandamus to compel tax and enforcement authorities to act on complaints about an alleged cash transaction was treated by the HC as premature. The Court noted that the petitioner had already unsuccessfully challenged a cheque-dishonour conviction up to the SC and was effectively trying to obtain a different finding on the underlying transaction. The asserted risk of proceedings under section 271D was held to be only an apprehension, unsupported by material, so no mandamus was issued. The petitioner's representation was left open for consideration in accordance with law.
Writ petition seeking mandamus to compel tax and enforcement authorities to act on complaints about an alleged cash transaction was treated by the HC as premature. The Court noted that the petitioner had already unsuccessfully challenged a cheque-dishonour conviction up to the SC and was effectively trying to obtain a different finding on the underlying transaction. The asserted risk of proceedings under section 271D was held to be only an apprehension, unsupported by material, so no mandamus was issued. The petitioner's representation was left open for consideration in accordance with law.
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