https://www.taxtmi.com/caselaws?id=390423 The Court dismissed the writ petition challenging the assessment order under Section 73 of the Finance Act, 1994, emphasizing the need to exhaust statutory remedies before resorting to writ jurisdiction. The petitioner's arguments regarding jurisdiction and legality of the re-assessment order were not addressed by the Appellate Authority. The Court highlighted the distinction between proceedings under Sections 72 and 73, ruling that a Best judgment assessment under Section 72 was not mandatory for invoking Section 73. The petitioner was directed to pursue further recourse through the Appellate Tribunal within a specified timeframe. en-us Tue, 10 Dec 2019 00:00:00 +0530 Thu, 02 Jan 2020 17:06:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=390423 The Court dismissed the writ petition challenging the assessment order under Section 73 of the Finance Act, 1994, emphasizing the need to exhaust statutory remedies before resorting to writ jurisdiction. The petitioner's arguments regarding jurisdiction and legality of the re-assessment order were not addressed by the Appellate Authority. The Court highlighted the distinction between proceedings under Sections 72 and 73, ruling that a Best judgment assessment under Section 72 was not mandatory for invoking Section 73. The petitioner was directed to pursue further recourse through the Appellate Tribunal within a specified timeframe. Case-Laws Service Tax Tue, 10 Dec 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=390423