https://www.taxtmi.com/caselaws?id=19092 The court upheld the validity of notices issued under section 154 of the Income-tax Act, 1961, to the petitioners for assessment years 1989-90 and 1990-91. It emphasized the authority's power to drop proceedings if legally unjustified and the availability of remedies under the Act for the petitioners. The court dismissed the writ petitions, stressing the need for petitioners to exhaust statutory remedies and show cause before seeking court intervention, discouraging premature court interference when other effective remedies were available. en-us Wed, 20 Jul 1994 00:00:00 +0530 Wed, 04 Nov 2009 10:13:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=19092 The court upheld the validity of notices issued under section 154 of the Income-tax Act, 1961, to the petitioners for assessment years 1989-90 and 1990-91. It emphasized the authority's power to drop proceedings if legally unjustified and the availability of remedies under the Act for the petitioners. The court dismissed the writ petitions, stressing the need for petitioners to exhaust statutory remedies and show cause before seeking court intervention, discouraging premature court interference when other effective remedies were available. Case-Laws Income Tax Wed, 20 Jul 1994 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=19092