Income Tax Section 147/144B Order Appealable, Writ Not Maintainable: Calcutta HC

Ayashree Finvest Private Limited Vs ITO (Calcutta High Court) The Calcutta High Court has dismissed a writ petition filed by Ayashree Finvest Private Limited, challenging an order dated February 18, 2025, passed under Section 147 read with Section 144B of the Income Tax Act, 1961, for the assessment year 2016-17. The petitioner argued that their submitted documents were not considered by the Faceless Assessing Unit. Additionally, a show-cause notice, issued due to an alleged failure by the petitioner’s accountant, could not be responded to. The High Court, after hearing arguments, noted ...