2023 (7) TMI 569 - SCH - Income Tax

Revision u/s 264 - validity of Reopening of assessment u/s 147 - notice u/s 148 was validly served - As per the High Court judgment the argument raised by the petitioner has no legs to stand as the findings recorded by the Assessing Authority was not put to challenge by the Assessee before any Forum and raising of plea before this Court u/a 226 of the Constitution of India is not maintainable as the findings recorded by the Assessing Authority was never challenged before the Appellate/Revisional Forum - HELD THAT - This Court is of the opinion that the impugned order does not call for interference. Special leave petition is accordingly dismissed. All pending applications are disposed of.

Summary

The Supreme Court dismissed the special leave petition as it found no reason to interfere with the impugned order. All pending applications were disposed of. (Case citation: 2023 (7) TMI 569 - SC)