2023 (11) TMI 1290

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....st Respondent to defer the assessment proceedings initiated pursuant to Ext.P1 and Ext.P3 notices until such time all the documents seized from the Petitioners business premises are returned to Petitioner and for a further period of 4 months from the date of such return. ii) To issue a writ of mandamus or such other writ or direction to the 2nd Respondent to complete the investigations against the Petitioner and his related entities and release all the seized records in a time bound manner." 2. The petitioner is engaged in the business of Gold jewellery having manufacturing, wholesale and retail trade under the brand "Dubai Gold". The petitioner is also an assessee under the provisions of the Income Tax Act, 1961 ("Act", for short). Th....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....be directed to provide copies of the required documents, pen-drives etc. of the information stored in the computer system seized from the petitioner and thereafter, the petitioner be granted at least four weeks time to file reply to Ext.P4 notice and only thereafter the proceedings for adjudication and finalisation of the assessment under Section 153B of the Act may be directed to be commenced. 5. Learned counsel for the petitioner also submits that the petitioner will not challenge the final assessment order to be passed, on the ground of limitation, if the petitioner is provided with copies of required documents and information in pen-drives from the computer system of the petitioner, which were seized from his premises. Learned counsel ....