https://www.taxtmi.com/caselaws?id=426510 The court dismissed the petition, upholding the validity of the Impugned Notice and allowing the petitioner to present defenses before the Assessing Officer in further proceedings. The court ruled that no preliminary enquiry is required before issuing a notice under Section 10 of the BM Act, the notice was issued within the permissible period, and the notice's consideration of the ITAT decision was deemed premature due to the complexity of the transactions and the petitioner's lack of response. en-us Fri, 22 Jul 2022 00:00:00 +0530 Fri, 12 May 2023 15:58:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=426510 The court dismissed the petition, upholding the validity of the Impugned Notice and allowing the petitioner to present defenses before the Assessing Officer in further proceedings. The court ruled that no preliminary enquiry is required before issuing a notice under Section 10 of the BM Act, the notice was issued within the permissible period, and the notice's consideration of the ITAT decision was deemed premature due to the complexity of the transactions and the petitioner's lack of response. Case-Laws Income Tax Fri, 22 Jul 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=426510