2020 (6) TMI 307

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..... he purpose of imposition of penalty - HELD THAT:- The order of penalty passed under section 74 of the Act or under section 122 of the Act, are both appealable under section 107 of the Act. Since the petitioner has an alternative remedy of filing an appeal against the order dated 3.2.2020, we do not deem it necessary to exercise our jurisdiction on the merits of the case - writ petition is dismi .....

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..... . The submission of Sri Pranjal Shukla, learned counsel for the petitioner is that suppression of turn over is not covered under section 74 of the Act, for the purpose of imposition of penalty. On the other hand Sri Manish Goyal, learned Additional Advocate General states that it is a case of search and seizure proceedings and is covered under section 74 of the Act read with section 67 of th .....

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