2024 (3) TMI 1406 - HC - Income Tax

Revenue has processed the paper returns filed by Petitioner u/s 143(1) - HELD THAT - Petitioner may have certain grievances as regards the order passed by the AO and for that will take such steps as advised in accordance with law including filing an appeal. Petitioner states keeping open the rights and contentions of the parties Petitions may be disposed with liberty to take such steps as advised in accordance with law. We need to note that in the order 2022 (12) TMI 1555 - BOMBAY HIGH COURT leave to file paper returns was granted subject to final outcome in the Petitions. Since the paper returns have been processed in our view nothing will remain in these Petitions. Petitions are disposed accordingly with the liberty as prayed for.

Summary

**Summary:**In the case before the Bombay High Court, presided over by Justices K. R. Shriram and Dr. Neela Gokhale, the court addressed petitions concerning the processing of paper returns under the Income Tax Act, 1961. The Additional Solicitor General ("ASG") for the Respondents confirmed compliance with the court's directions from February 5, 2024, resulting in the processing of the petitioner's paper returns under Section 143(1) of the Act. The Assessing Officer ("AO") subsequently allowed the petitioner's claim and issued an order on March 21, 2024, pursuant to Sections 260 and 143(1) of the Act. Petitioner's counsel, Mr. Pardiwalla, indicated potential grievances with the AO's order and expressed intent to pursue legal remedies, including an appeal. The court noted that since the paper returns had been processed, the petitions no longer required further adjudication. The petitions were disposed of with liberty for the petitioner to take further legal steps as advised. The court clarified that it made no observations on the merits of the matter.