https://www.taxtmi.com/caselaws?id=760160 The Bombay HC declined to entertain a writ petition challenging a reassessment order under Section 148 of the Income Tax Act, where the petitioner had already filed an appeal before CIT(A) and revision proceedings were pending. The court held that since alternate remedies were available and being pursued, the appellate and revisionary authorities should decide the matter considering the court's previous decisions in Hexaware and Siemens regarding validity of reassessment notices under Sections 148A, 148, and 151 of the Act. The HC emphasized that entertaining writ petitions when appellate proceedings are pending would create undesirable precedent requiring all similar matters to be brought before the HC instead of being decided by appropriate statutory authorities. en-us Mon, 30 Sep 2024 00:00:00 +0530 Wed, 16 Oct 2024 11:06:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=760160 The Bombay HC declined to entertain a writ petition challenging a reassessment order under Section 148 of the Income Tax Act, where the petitioner had already filed an appeal before CIT(A) and revision proceedings were pending. The court held that since alternate remedies were available and being pursued, the appellate and revisionary authorities should decide the matter considering the court's previous decisions in Hexaware and Siemens regarding validity of reassessment notices under Sections 148A, 148, and 151 of the Act. The HC emphasized that entertaining writ petitions when appellate proceedings are pending would create undesirable precedent requiring all similar matters to be brought before the HC instead of being decided by appropriate statutory authorities. Case-Laws Income Tax Mon, 30 Sep 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=760160