https://www.taxtmi.com/caselaws?id=171124 The HC quashed the notice issued under s. 158BC of the IT Act, 1961, to M/s Jalaram Theatre, ruling in favor of the petitioners. The court found insufficient evidence to support the existence of M/s Jalaram Theatre as a partnership firm during the search proceedings, undermining the validity of the notice. The warrant of authorization was improperly issued, and the draft document presented did not substantiate the authority's claims. Consequently, the petition was allowed, and no costs were awarded. en-us Wed, 18 Jun 2008 00:00:00 +0530 Sun, 10 Dec 2023 18:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=171124 The HC quashed the notice issued under s. 158BC of the IT Act, 1961, to M/s Jalaram Theatre, ruling in favor of the petitioners. The court found insufficient evidence to support the existence of M/s Jalaram Theatre as a partnership firm during the search proceedings, undermining the validity of the notice. The warrant of authorization was improperly issued, and the draft document presented did not substantiate the authority's claims. Consequently, the petition was allowed, and no costs were awarded. Case-Laws Income Tax Wed, 18 Jun 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=171124