Reassessment under s.148A held valid; s.69 additions totaling Rs.7,00,000 deleted after acceptable contemporaneous explanations for property investmen...
Adjudication set aside; Rule 9 valuation based on internet engineer report quashed for Rule 3(4) non-compliance; Section 138B cross-examination requir...
The HC found prima facie merit in the petitioner's challenge to the respondent's inaction on revalidation of import licences but declined to grant pre-emptory relief or issue a writ of mandamus directing revalidation. Instead, the HC directed the respondent's PRC to reconsider the petitioner's revalidation requests in light of all relevant facts, including decisions concerning similarly situated importers, and to render a reasoned decision. The PRC was instructed to complete the fresh examination expeditiously and preferably within six weeks. The petition was disposed of accordingly.
The HC found prima facie merit in the petitioner's challenge to the respondent's inaction on revalidation of import licences but declined to grant pre-emptory relief or issue a writ of mandamus directing revalidation. Instead, the HC directed the respondent's PRC to reconsider the petitioner's revalidation requests in light of all relevant facts, including decisions concerning similarly situated importers, and to render a reasoned decision. The PRC was instructed to complete the fresh examination expeditiously and preferably within six weeks. The petition was disposed of accordingly.
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