https://www.taxtmi.com/caselaws?id=410079 The court dismissed the writ petition challenging the order for Assessment Year 2018-2019, demand notice, and penalty proceedings. The court found discrepancies in the petitioner's claims, including inadmissible expenditures and inconsistencies in income declarations. It noted the need for verification of business activities due to lack of transparency. The court held that the Draft Assessment Order adequately informed the petitioner of potential adjustments for appeal and that issues regarding the response should be raised in the appellate process, not in the writ jurisdiction. The court directed the decision to be uploaded online and sent copies to counsels via email. en-us Tue, 20 Jul 2021 00:00:00 +0530 Mon, 22 Aug 2022 10:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=410079 The court dismissed the writ petition challenging the order for Assessment Year 2018-2019, demand notice, and penalty proceedings. The court found discrepancies in the petitioner's claims, including inadmissible expenditures and inconsistencies in income declarations. It noted the need for verification of business activities due to lack of transparency. The court held that the Draft Assessment Order adequately informed the petitioner of potential adjustments for appeal and that issues regarding the response should be raised in the appellate process, not in the writ jurisdiction. The court directed the decision to be uploaded online and sent copies to counsels via email. Case-Laws Income Tax Tue, 20 Jul 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=410079