https://www.taxtmi.com/caselaws?id=20061 The court held that the writ petition was not maintainable under Article 226 of the Constitution of India as parallel proceedings had been initiated by Sri Shyam Bhatia under section 132(11) of the Income-tax Act. The court determined that the amounts in the petitioner's bank accounts constituted "valuable things" and fell within the scope of the Act. The petitioner's conduct through its authorized signatory impacted its entitlement to discretionary relief. The court found the corporate personality of the petitioner irrelevant in the proceedings and dismissed the writ petition, directing the petitioner to raise all contentions before the appellate authority under section 132(11) of the Income-tax Act. en-us Mon, 22 Mar 1993 00:00:00 +0530 Wed, 11 Nov 2009 14:04:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=20061 The court held that the writ petition was not maintainable under Article 226 of the Constitution of India as parallel proceedings had been initiated by Sri Shyam Bhatia under section 132(11) of the Income-tax Act. The court determined that the amounts in the petitioner's bank accounts constituted "valuable things" and fell within the scope of the Act. The petitioner's conduct through its authorized signatory impacted its entitlement to discretionary relief. The court found the corporate personality of the petitioner irrelevant in the proceedings and dismissed the writ petition, directing the petitioner to raise all contentions before the appellate authority under section 132(11) of the Income-tax Act. Case-Laws Income Tax Mon, 22 Mar 1993 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=20061