https://www.taxtmi.com/caselaws?id=460904 The Calcutta HC dismissed a writ petition challenging an order under section 264 of the Income Tax Act, 1961. The petitioner, who had alternative remedies under sections 263 and 154, opted for section 264, which is not appealable. The court emphasized it cannot serve as an appellate authority over the assessment order. The order under section 264 is not considered prejudicial to the assessee per section 264(7), Explanation (1). The writ petition was dismissed without costs. en-us Wed, 16 Feb 2022 00:00:00 +0530 Fri, 28 Feb 2025 20:00:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=460904 The Calcutta HC dismissed a writ petition challenging an order under section 264 of the Income Tax Act, 1961. The petitioner, who had alternative remedies under sections 263 and 154, opted for section 264, which is not appealable. The court emphasized it cannot serve as an appellate authority over the assessment order. The order under section 264 is not considered prejudicial to the assessee per section 264(7), Explanation (1). The writ petition was dismissed without costs. Case-Laws Income Tax Wed, 16 Feb 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=460904