2021 (5) TMI 1084

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....Counsel of revenue O R D E R [Court hearing convened via video-conferencing on account of COVID-19] CM APPL. No. 15968/2021 1. Allowed, subject to just exceptions. CM APPL. No. 15969/2021 2. This is an application filed on behalf of the petitioner seeking exemption from filing the attested affidavits along with the writ petition as also extension of time for depositing the requisite court fe....

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....g recourse to Section 69 of the Income Tax Act, 1961 (in short 'the Act'). 5.2. Mr. Goel goes on to state that tax at the rate of 60% has been levied in terms of Section 115BBE of the Act. 5.3. Resultantly, according to Mr. Goel, the tax demand raised has scaled up to Rs. 92,14,550/-; an amount, which is more than the addition made by the AO. 5.4. It is Mr. Goel's submission that, although,....

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....ropriate show-cause notice duly indicating the reasons for the proposed additions/disallowances along with necessary evidences/reasons forming the basis of the same. Before passing the final order against the proposed additions/disallowances, due consideration shall be given to the submissions made by the assessee in response to the show-cause notice." 5.5. Mr. Goel also draws our attention to th....