2022 (2) TMI 232

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..... cascading effect on the tax liability of the petitioner for the succeeding years as well. Since the issues are of recurring nature, the appeal filed by the petitioner deserves an earlier attention for a final disposal. Therefore without expressing any opinion on the merits of the case, these writ petitions are disposed. Considering the arguments advanced by the learned counsel for the petitione .....

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..... expeditiously in terms of Section 250(6A) of Income Tax Act, 1961. 2.It is submitted that the Assessing Officer has been disallowing the reimbursement of the amount paid to the petitioner's subsidiary abroad and the amount is increasing, as the business increases every year. It is submitted that the pendency of these proceedings are leading to cascading effect on the tax liability of the p .....

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..... s as well. Since the issues are of recurring nature, the appeal filed by the petitioner deserves an earlier attention for a final disposal. Therefore without expressing any opinion on the merits of the case, these writ petitions are disposed. 8.Considering the arguments advanced by the learned counsel for the petitioner and the submissions of the learned Senior Standing Counsel for the responde .....

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