2014 (11) TMI 414

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..... Act, 1961 (for short, "the Act") is before us, inter alia, questioning the correctness or otherwise of the judgment and order passed by the High Court of Judicature at Bombay in W.P. (C) No. 47 of 2011, dated 02.04.2012. By the impugned judgment and order, the High Court has sustained the proceedings initiated by the authorities under Section 132 (1) (b) of the Act. 2. In the writ petition filed .....

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..... ed in question before the Commissioner of Income Tax(Appeal) in first appeals. The said appeals are already disposed of. Against the said order(s), the assessee has already preferred second appeals before the Income Tax Appellate Tribunal (for short "Tribunal") which are pending as of now. Therefore, Shri Dave would submit that the assessee may be permitted to raise the contentions insofar as whet .....

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..... pondent-Revenue.  7. In that view of the matter without going into the other details of the case, we dispose of the special leave petition permitting the petitioner-assessee to raise the contentions insofar as whether the Income Tax Authorities can proceed to issue a warrant of authorization under Section 132(1) of the Act against the firm, admittedly, dissolved "as on the date of the issuan .....

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