2025 (5) TMI 290

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ner Through: Mr. Palash S. Singhai, Mr. Ajay Sharma, Mr. Harshal Sareen, Advocates. For the Respondent Through: Mr. Sunil Agarwal, Sr. St. Counsel, Mr. Shivansh B. Pandya, Ms. Priya Sarkar, Mr. Viplav Acharya, Mr. Utkarsh Tiwari, Advocates. VIBHU BAKHRU, J. (ORAL) 1. The Petitioner has filed the present petition, inter alia, praying as under:- "a. issue a writ of Certiorari or an....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....r; d. Pass any other such order as this Hon'ble Court may deem fit in the facts and circumstances of the present case." 2. The Petitioner impugns an order dated 10.04.2024 passed under Section 148A (d) of the Income Tax Act, 1961 [the Act] in respect of the Assessment Year [AY] 2017-2018, holding that it is a fit case for issuance of a notice under Section 148 of the Act. The Petitione....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....e assessment in respect of AY 2017-18 to assess income that may have escaped assessment. The Petitioner relies upon the decision of the Supreme Court in Ghanashyam Mishra & Sons (P) Ltd. v. Edelweiss Asset Reconstruction Co. Ltd., (2021) 9 SCC 657. Admittedly, the question raised by the Petitioner is covered in Petitioner's favour by the earlier decisions of this Court in Ireo Fiveriver Pvt. Ltd. ....