2023 (9) TMI 1345

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....ri Justice N. Tukaramji For the Petitioner : Sri G. Narendra Chetty For the Respondents : Sri J.V. prasad (SC For Income Tax), Sri B. Mukherjee Representing For Sri G. Praveen Kumar, Deputy Solicitor General of India, M/s Pearl Law Associates ORDER: PER THE HON'BLE THE CHIEF JUSTICE UJJAL BHUYAN Heard Mr. G.Narendra Chetty, learned counsel for the petitioner and Mr. J.V.Prasad, learned Standi....

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....etitioner was assessed at Rs. 69,22,910.00. That apart, direction was issued for initiating penalty proceedings separately under Section 271AAC of the Act. The above assessment order was followed by notice of demand of even date under Section 156 of the Act. 4. Aggrieved by the assessment order dated 14.11.2019, petitioner preferred appeal before the 1st respondent under Section 246 of the Act on....