Advance Tax Estimate furnished by assessee u/s. 210(5) cannot be rejected by department

HIGH COURT OF PUNJAB AND HARYANA Punjab Tractors Ltd. Versus Assistant Commissioner of Income-tax N.K. SUD AND HEMANT GUPTA, JJ. CWP NO. 4920 OF 2004 MARCH 16, 2004 ORDER N.K. Sud, J. – Challenge in this petition is to the letter issued by the Assistant Commissioner of Income-tax, Patiala, dated 12-3-2004, Annexure P.2, whereby the estimate, filed by the petitioner has been rejected and it has been required to pay advance tax in accordance with the order under section 210(3) of the Income-tax Act, 1961 (for short ‘the Act’) dated 19-2-2004. 2. The petitioner had...