AO should exercise Discretionary power as per the rules of reason & justice: HC

Harsh Dipak Shah Vs Union of India (Gujarat High Court) Facts- The writ applicant prayed for waiver of 20% of the pre-deposit essentially on four grounds (i) high pitched assessment (ii) only source of income through Avani Petrochem Pvt. Ltd. (iii) stereo type order passed by the Principal Commissioner and (iv) adverse effect on the financial affairs due to the Covid-19 pandemic. However, it was ordered that in case of non-compliance of tax payment, applicant will be treated as assessee deemed to be in default and the AO would be within his rights to make all possible recovery proceedings as p...