2021 (5) TMI 1060

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....rwal, Advocate for respondent no.1/UOI. Mr. Sunil Agarwal, Sr. Standing Counsel for O R D E R [Court hearing convened via video-conferencing on account of COVID-19] CM APPL. 17231/2021 1. Allowed, subject to just exceptions. W.P.(C) 5559/2021 and CM APPL. 17230/2021 [Application filed on behalf of the petitioner seeking stay on the operation of the assessment order dated 30.03.2021]....

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..... 3.1. It is, however, Mr. Sinha's submission that, the issues raised in the instant writ petition have arisen in other writ petitions as well which are pending consideration before this Court. By way of an illustration, our attention has been drawn to the order dated 13.05.2021, passed in W.P.(C.) 5294/2021, titled Deepak Talwar v. UOI & Ors. 4. Apart from anything else, Mr. Sinha says that....

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....he foreign assets/foreign income was acquired on 03.01.2017, and therefore, the show-cause notice ought to have been issued within thirty days of the end of the financial year ('FY') 2016-2017, i.e., by 30.04.2017. It is pointed out that the show-cause notice in this case was issued on 17.10.2017. For this purpose, our attention has been drawn to Annexure 'P/18', appended on pages 630 of the paper....

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....BS AG Singapore was opened on 25.09.2006, and thereafter, closed on 30.07.2012. (iii)(c) The petitioner claims that these aspects were in the knowledge of the respondents/revenue, and for this purpose, he, inter alia, relies upon his reply dated 22.07.2014 served on the respondents/revenue. 5. Mr. Sunil Agarwal, on the other hand, says that, since the petitioner has already taken recou....