2009 (4) TMI 971 - HC - Income Tax

Summary

The Bombay High Court ruled that the petitioner should pursue statutory appeal under Section 246(1) of the Income-Tax Act instead of using extraordinary writ jurisdiction. The time taken for the court proceedings will not count towards the limitation period. The respondent agreed not to object to the appeal if filed within two weeks. Interim relief granted by the court will continue for four weeks to allow the petitioner to seek interim reliefs before the Appellate Authority. The writ petition has been disposed of.