https://www.taxtmi.com/caselaws?id=17654 The court dismissed the petition challenging a notice issued by the Assessing Officer regarding a depreciation claim under section 32 of the Income-tax Act. The court held that the Assessing Officer's remarks in the notice were not conclusive and did not violate the petitioner's right to be heard. It emphasized that quasi-judicial authorities must make final decisions after considering all facts and applying the law. The court rejected the petitioner's arguments of bias and clarified that the Assessing Officer had the jurisdiction to seek additional information. The court also highlighted that seeking court intervention to avoid tax obligations was impermissible and imposed costs on the petitioner while denying a stay on the judgment's operation. en-us Fri, 21 Mar 1997 00:00:00 +0530 Wed, 23 Sep 2009 18:50:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=17654 The court dismissed the petition challenging a notice issued by the Assessing Officer regarding a depreciation claim under section 32 of the Income-tax Act. The court held that the Assessing Officer's remarks in the notice were not conclusive and did not violate the petitioner's right to be heard. It emphasized that quasi-judicial authorities must make final decisions after considering all facts and applying the law. The court rejected the petitioner's arguments of bias and clarified that the Assessing Officer had the jurisdiction to seek additional information. The court also highlighted that seeking court intervention to avoid tax obligations was impermissible and imposed costs on the petitioner while denying a stay on the judgment's operation. Case-Laws Income Tax Fri, 21 Mar 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=17654