2022 (10) TMI 1051

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.....R.BHATT, SR. ADV. WITH MR. KARAN SANGHANI FOR M R BHATT & CO. FOR THE RESPONDENT ORDER PER : HONOURABLE MR. JUSTICE N.V.ANJARIA Heard learned senior advocate Mr. Tushar Hemani with learned advocate Ms. Vaibhavi Parikh for the petitioner and learned senior advocate Mr. M. R. Bhatt for M. R. Bhatt & Co. for the respondents - Income Tax authorities. 2. By filling this petition under Article 226 ....

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....r on the ground that certain alleged payment and source of such payment was required to be verified. It was stated that information received from the DCIT Central Circle - 2(1), Ahmedabad was in connection with the search carried out in case of M/s. Dev group -the third party and it was found that the petitioner advanced cash for the purchase of flat in the scheme floated by the said Dev group. Th....

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.... all by the respondent. It is the apprehension of the petitioner that without considering the case of the respondent and its defence, the authorities will proceed to frame the assessment pursuant to the impugned notice. It was submitted that great prejudice would occur if the objections of the petitioner are not considered and disposed of in accordance with law by the assessing authority. 5. In t....