2024 (9) TMI 870 - HC - Income Tax

Lack of opportunity to cross-examine a vendor and was not provided a copy of the statement of his vendor - HELD THAT - Upon considering the submissions and on examining the documents on record, and find that this is not an appropriate case to exercise discretionary jurisdiction. Consequently, is disposed of by leaving it open to the petitioner to file a statutory appeal. If such appeal is filed within three weeks from the date of receipt of a copy of this order, the appellate authority is directed to receive and dispose of such appeal on merits.

Summary

The High Court of Madras disposed of the writ petition challenging an assessment order dated 28.03.2024, allowing the petitioner to file a statutory appeal within three weeks. The petitioner claimed lack of opportunity to cross-examine a vendor, Mr. Ramraj, but the court found no grounds to intervene. The respondents argued that the total consideration of Rs.3,75,00,000/- was admitted in both the sale deed and a suit filed by the petitioner and Mr. Ramraj. The court did not find it appropriate to exercise discretionary jurisdiction and directed the appellate authority to receive and dispose of any appeal without considering the question of limitation.