2025 (11) TMI 53

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....CE VINOD KUMAR For the Petitioner Through: Mr. Ajay Vohra, Sr. Adv, Mr. Aniket D. Agrawal, Mr. Samarth Chaudhari, Advs. For the Respondents Through: Mr. Gaurav Gupta, SSC, Mr. Shivendra Singh, JSC, Mr. Yojit Pareek, JSC & Mr. Surya Jindal, Advs. V. KAMESWAR RAO, J. (ORAL) CM APPL. 67150/2025(Exemption) 1. Exemption is allowed subject to all just exceptions. 2. The Application sta....

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....ssment notice dated 29.06.2025 issued by Respondent No. 1 and all consequential proceedings undertaken thereafter in the case of the Petitioner for the assessment year 2019-20, during pendency of the present petition; (III) grant ad-interim ex-parte relief in terms of prayer (II) above; (IV) call for the records of the case from the Respondents;" 4. The challenge in the petiti....

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....under Section 148A (b) of the Act was issued by the respondents/Revenue wherein it was alleged that the petitioner had for the Financial Year 2017-18 made foreign remittances to the effect of Rs.1,87,89,530/-. The petitioner filed its reply explaining its source of income and the respondents had vide order dated 29.03.2024 accepted the return filed through the assessment order (Annexure 'H'). He s....