https://www.taxtmi.com/caselaws?id=769943 The HC dismissed a petition challenging a revision u/s 263 regarding discrepancies between declared turnover and cash deposits. The petitioner sought to bypass the statutory appellate remedy by directly approaching the HC under Article 226. The HC held that extraordinary jurisdiction under Article 226 can only be exercised in exceptional circumstances when statutory remedies are available. Since the petitioner failed to demonstrate any extraordinary circumstances, jurisdictional issues, or natural justice violations that would justify bypassing the statutory remedy, the petition was dismissed for availability of alternative efficacious remedy. en-us Thu, 17 Apr 2025 00:00:00 +0530 Sat, 03 May 2025 08:34:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=769943 The HC dismissed a petition challenging a revision u/s 263 regarding discrepancies between declared turnover and cash deposits. The petitioner sought to bypass the statutory appellate remedy by directly approaching the HC under Article 226. The HC held that extraordinary jurisdiction under Article 226 can only be exercised in exceptional circumstances when statutory remedies are available. Since the petitioner failed to demonstrate any extraordinary circumstances, jurisdictional issues, or natural justice violations that would justify bypassing the statutory remedy, the petition was dismissed for availability of alternative efficacious remedy. Case-Laws Income Tax Thu, 17 Apr 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=769943