https://www.taxtmi.com/caselaws?id=13655 The High Court of MADRAS dismissed the writ petition challenging the assessment order under the Companies Act and Income-tax Act. The court held that the petitioner failed to rectify deficiencies despite notices, and the assessment was completed on merits. The court emphasized the availability of an alternative remedy through an appeal to the Commissioner of Income-tax (Appeals) and the lack of extraordinary circumstances for invoking writ jurisdiction. The petitioner was allowed to prefer an appeal within thirty days, highlighting the importance of exhausting alternative remedies before resorting to writ jurisdiction. en-us Mon, 12 Mar 2007 00:00:00 +0530 Tue, 30 Jun 2009 17:30:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=13655 The High Court of MADRAS dismissed the writ petition challenging the assessment order under the Companies Act and Income-tax Act. The court held that the petitioner failed to rectify deficiencies despite notices, and the assessment was completed on merits. The court emphasized the availability of an alternative remedy through an appeal to the Commissioner of Income-tax (Appeals) and the lack of extraordinary circumstances for invoking writ jurisdiction. The petitioner was allowed to prefer an appeal within thirty days, highlighting the importance of exhausting alternative remedies before resorting to writ jurisdiction. Case-Laws Income Tax Mon, 12 Mar 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=13655