Constitutional Writ Jurisdiction cannot act as AO & scrutinize facts/evidence: HC

Shri Shyam Sundar Dhanuka Vs ITO (Calcutta High Court) Calcutta High Court held that it cannot act as an assessing officer and substitute their findings with its own in the exercise of its constitutional writ jurisdiction. The court emphasized the significance of credible evidence in income tax cases and clarified its limited role in scrutinizing facts and evidence. The ruling came in response to a petition challenging an order under Section 148A(d) of the Income Tax Act, where the petitioner claimed that the assessing officer has proceeded merely on the basis of remarks “potential borrower/...