https://www.taxtmi.com/caselaws?id=343241 The Court dismissed the petition seeking to quash an order by the Authority for Advance Rulings (Income Tax) as infructuous. The petitioner's participation in assessment proceedings without objection led to the Authority's decision, deemed reasonable by the Court. The Court emphasized that pursuing advance ruling after assessment completion undermined the purpose of certainty and avoiding litigation. While the petitioner argued for a decision on merits, citing a previous case, the Court held that circumstances dictate such decisions and the Authority cannot be compelled in all cases. Ultimately, the Court found no merit in the petition and upheld the Authority's decision. en-us Wed, 31 Aug 2016 00:00:00 +0530 Mon, 22 May 2017 07:24:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=343241 The Court dismissed the petition seeking to quash an order by the Authority for Advance Rulings (Income Tax) as infructuous. The petitioner's participation in assessment proceedings without objection led to the Authority's decision, deemed reasonable by the Court. The Court emphasized that pursuing advance ruling after assessment completion undermined the purpose of certainty and avoiding litigation. While the petitioner argued for a decision on merits, citing a previous case, the Court held that circumstances dictate such decisions and the Authority cannot be compelled in all cases. Ultimately, the Court found no merit in the petition and upheld the Authority's decision. Case-Laws Income Tax Wed, 31 Aug 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=343241