2024 (9) TMI 1126

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.... Vyas, Mr. Dharan Gandhi For the Respondents - Revenue: Mr. Arjun Gupta P.C. : 1 Petitioner is challenging a demand of Rs.46,84,750/- raised as per the alleged order dated 31st March 2021 passed under Section 154 of the Income Tax Act, 1961 (the Act). 2 It is petitioner's case that no order has been served on petitioner, no show cause notice was ever issued to petitioner and at no stag....

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....f incorporation dated 10th November 2021 issued by the Registrar of Companies, Mumbai. 4 The erstwhile Bharat Serums had filed, for Assessment Year 2013-2014, return of income on 30th November 2013 returning total income of Rs.36,47,36,323/- under Section 115JB of the Act. The income under the normal provisions of the Act was shown as Nil. The erstwhile entity's case was picked up for scrutiny ....

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....arch 2021 passed under Section 154 of the Act. As no response was received, petitioner even filed an application under the RTI Act, 2005. In response to the application, petitioner was served with a copy of the computation sheet. Petitioner, therefore, preferred an appeal under Section 19(1) of the RTI Act, 2005 before the First Appellate Authority. Petitioner's application was disposed by the Fir....

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....ts informed the Court that he has instructions from respondent no.1 - Mr. Basant Kumar Arya that the demand has been uploaded by the erstwhile Deputy Commissioner of Income Tax on the portal but the Department does not have any file relating to that matter. Mr. Gupta states that his instructions are to inform the Court that respondent no.1 or the Department has no document to show that any notice ....