Search Results Page

Search Results

1 - 9 of 9 (0.25 seconds)

B.Muralidhar vs Deputy Commissioner Of Income Tax on 8 August, 2019

In B. Muralidhar Vs. Deputy Commissioner of Income- tax Corporate Circle-16 the Madras High Court, has held that a rule of exhaustion of alternate remedy, though a rule of discretion and not a rule of compulsion, must be applied with utmost rigour when it comes to fiscal law statutes. This rule may be deviated only when it falls within the exceptions set out in the long line of authorities, i.e. complete lack of jurisdiction to pass the order, violation of principles of natural justice where vires of the statute is challenged or where the alternative remedy is ineffectual or not efficacious. Upon considering the judgments of the Hon'ble Supreme Court, the Court has held that where the Petitioner could file a statutory revision under Section 264 of the Income Tax Act against the impugned order, the Writ Petition should not be entertained. Accordingly, the Petition was disposed of, relegating the Petitioner to avail of the remedy of statutory revision under Section 264 of the Income Tax Act.
Madras High Court Cites 12 - Cited by 2 - M Sundar - Full Document

Commr.Of Income Tax-Xvii,New Delhi vs Punjab Stainless Steel Industries on 5 May, 2014

12. Mr. Shah submitted that the Guidance Notes issued by the ICAI certainly have persuasive value in understanding accounting terminology like gross receipts, turnover, etc. He relied on Commissioner of Income Tax VII, New Delhi Vs. Punjab Stainless Steel Industries2 to submit that the guidelines 1 SCA/5727/2024 2 ([2014] 46 taxmann.com 68 (SC) Page 4 of 13 ::: Uploaded on - 27/03/2025 ::: Downloaded on - 27/03/2025 22:35:56 ::: WPL-15292-2024.DOCX issued by the ICAI can be relied upon while computing and filing returns.
Supreme Court of India Cites 4 - Cited by 60 - Full Document

Oberoi Constructions Ltd vs Union Of India And Ors on 17 September, 2019

33. Recently, in the case of Oberoi Constructions Ltd Vs. The Union of India and others 7, we considered several precedents on the exhaustion of alternate remedies. By following the reasoning in the said decision, we do not think that this is a matter which falls within the exceptions or that this is an exceptional case where the rule of exhaustion of alternate remedies must be bypassed.
Bombay High Court Cites 0 - Cited by 0 - M S Karnik - Full Document
1