https://www.taxtmi.com/caselaws?id=425416 The court held that no intervention was warranted at this stage in the challenge to the assessment order, notice of demand, and notice of penalty issued post-dissolution of the company. It suggested availing the alternate statutory remedy under Section 246-A of the Income Tax Act. The court emphasized the need to exhaust statutory remedies before seeking discretionary remedies under Article 226 of the Constitution of India and clarified that writ petitions under Article 226 would only be entertained in exceptional circumstances. The petitioner was granted liberty to avail its statutory remedy of appeal. en-us Mon, 30 May 2022 00:00:00 +0530 Sat, 23 Jul 2022 09:00:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=425416 The court held that no intervention was warranted at this stage in the challenge to the assessment order, notice of demand, and notice of penalty issued post-dissolution of the company. It suggested availing the alternate statutory remedy under Section 246-A of the Income Tax Act. The court emphasized the need to exhaust statutory remedies before seeking discretionary remedies under Article 226 of the Constitution of India and clarified that writ petitions under Article 226 would only be entertained in exceptional circumstances. The petitioner was granted liberty to avail its statutory remedy of appeal. Case-Laws Income Tax Mon, 30 May 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=425416