https://www.taxtmi.com/caselaws?id=395823 The court dismissed the writ petition, upholding the Assessing Officer's invocation of Section 115-JC and rejecting claims of violation of natural justice and promissory estoppel. The court found substantial evidence of fraudulent transactions, justifying the denial of the tax holiday and the invocation of alternate minimum tax provisions. The petitioner's failure to pursue available appellate remedies further weakened their case. en-us Thu, 12 Mar 2020 00:00:00 +0530 Fri, 09 Oct 2020 16:22:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=395823 The court dismissed the writ petition, upholding the Assessing Officer's invocation of Section 115-JC and rejecting claims of violation of natural justice and promissory estoppel. The court found substantial evidence of fraudulent transactions, justifying the denial of the tax holiday and the invocation of alternate minimum tax provisions. The petitioner's failure to pursue available appellate remedies further weakened their case. Case-Laws Income Tax Thu, 12 Mar 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=395823