https://www.taxtmi.com/caselaws?id=285514 The court dismissed the writ petitions challenging the notice under Section 148 of the Income Tax Act, 1961 for re-assessment proceedings based on the District Valuation Officer (DVO) report. It held that the notice was not solely based on the DVO report but supported by the Assessing Officer's belief of income escapement. Emphasizing the need to exhaust statutory remedies before resorting to writ petitions, the court ruled that the petitions were not maintainable against the show cause notice. The judgment highlighted the importance of following statutory procedures and allowing the petitioner to contest the alleged income escapement before the Assessing Officer. en-us Thu, 01 Dec 2016 00:00:00 +0530 Thu, 16 Jan 2020 11:00:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=285514 The court dismissed the writ petitions challenging the notice under Section 148 of the Income Tax Act, 1961 for re-assessment proceedings based on the District Valuation Officer (DVO) report. It held that the notice was not solely based on the DVO report but supported by the Assessing Officer's belief of income escapement. Emphasizing the need to exhaust statutory remedies before resorting to writ petitions, the court ruled that the petitions were not maintainable against the show cause notice. The judgment highlighted the importance of following statutory procedures and allowing the petitioner to contest the alleged income escapement before the Assessing Officer. Case-Laws Income Tax Thu, 01 Dec 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=285514