https://www.taxtmi.com/caselaws?id=408400 The court dismissed the writ petition challenging notices under Section 153C and a show cause notice, allowing assessment proceedings to proceed. The court rejected challenges to jurisdiction and upheld the validity of satisfaction notes, permitting the Income Tax Department to continue its inquiries. The petitioner's claims regarding delay in setting up the unit, shareholder exit, and provisional attachment were addressed, with the court ruling in favor of the respondents. en-us Thu, 20 May 2021 00:00:00 +0530 Tue, 09 Aug 2022 17:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=408400 The court dismissed the writ petition challenging notices under Section 153C and a show cause notice, allowing assessment proceedings to proceed. The court rejected challenges to jurisdiction and upheld the validity of satisfaction notes, permitting the Income Tax Department to continue its inquiries. The petitioner's claims regarding delay in setting up the unit, shareholder exit, and provisional attachment were addressed, with the court ruling in favor of the respondents. Case-Laws Income Tax Thu, 20 May 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=408400